Bank for Investment and Development of Vietnam JSC – Gia Lai Branch (BIDV Gia Lai) would like to announce the auction of assets as follows:

1. Information about auctioned assets:

* Property information:

+ Property: Tan Thuong hydropower plant project of Tan Thuong Energy JSC, include clearance compensation costs, architectural works, infrastructure on the land, machines, movables property according to Certificate of lan use right No CD 929612 of Lam Dong Enviroment anh Natural resource Deparment on January 16, 2017.

+ Address of property: Tan Lam commune, Di Linh District and Tan Thanh commune, Lam Ha District, Lam Dong province.

* Starting price: 360.392.130.865 VND (In words: Three hundred sixty billion, three hundred ninety two million, one hundred thirty thousand, eight hundred sixty five VND).

The starting price does not include costs related to the transfer of ownership/use of the property, registration fees and other costs (if any) when making a property purchase, these costs are borne by the winner. bear price.

* Deposit: Auction participants must pay a deposit equivalent to 10% of the starting price of the property, which is 36.039.213.087 VND (In words: Thirty six billion, thirty nine million, two hundred thirteen thousand, eighty seven VND).

* Money to buy documents to participate in the auction: 500,000 VND/ 01 set of documents (Five hundred thousand VND even on one set of documents).

2. Auction form, auction method:

- Auction form: Auction combines two forms at the auction: auction by indirect secret ballot when submitting the application to participate in the auction (must not be lower than the starting price) (Round 1),  Form of direct verbal auction at auction (Round 2)

- Auction method: Method of bidding up.

3. Time and place to sell the documents and submit the application for registration to participate in the auction: From August 11, 2022 to August 19, 2022 (during office hours) at: BIDV Gia Lai Branch, + Address: No. 112 Le Loi, Pleiku City, Gia Lai and Minh Phap Partnership Auction Company + Address: No. 151 Tran Huy Lieu, Ward 8, Phu Nhuan District, Ho Chi Minh

4. Time and place to view assets, papers on property ownership, right to use property and related documents: From August 11, 2022 to August 19, 2022 (during office hours):

- Auction participants view the auctioned asset at the place where the asset is located: Property address: Tan Lam commune, Di Linh District and Tan Thanh commune, Lam Ha District, Lam Dong province..

- Auction participants see documents on ownership, right to use property and related documents at: BIDV Gia Lai Branch, + Address: No. 112 Le Loi, Pleiku City, Gia Lai and Minh Phap Partnership Auction Company + Address: No. 151 Tran Huy Lieu, Ward 8, Phu Nhuan District, Ho Chi Minh

5. Time and place to pay advance deposit: During office hours from August 17, 2022 to August 19, 2022, into account number 14410000112824  the account holder is Minh Phap Partnership Auction Company opened at BIDV Thong Nhat Branch.

6. Time and place of auction: The property auction will be held at 02:00 p.m. on August 22, 2022 at: Minh Phap Partnership Auction Company + Address: No. 151 Tran Huy Lieu, Ward 8, Phu Nhuan District, Ho Chi Minh.

7. Conditions for participation registration:

- Individuals and organizations with financial need and ability may participate in registration, except for the cases specified in Clause 4, Article 38 of the Law on Property Auction No. 01/2016/QH4 dated November 17th/2016.

- The asset purchaser (the person registering to participate in the auction) and the debtor are not "related persons" as prescribed by law.

8. Details of contact information:

- Minh Phap Partnership Auction Company + Address: No. 151 Tran Huy Lieu, Ward 8, Phu Nhuan District, Ho Chi Minh

+ Contact point: Mr. Son (Tel: 0903216826)

- Bank for Investment and Development of Vietnam JSC – Gia Lai Branch

+ Address: No.112 Le Loi, Pleiku City, Gia Lai

+ Contact: Mr. Pham Xuan Long (Tel: 0269 3756 779).

BIDV

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