1. Asset auction organization: Sao Viet Auction Partnership Company

Address: No. 1 Lot B11c Dam Trau Urban Area, Bach Dang Ward, Hai Ba Trung District, Ha Noi City.

2. The party with property: Bank for Investment and Development of Vietnam - BIDV.

Address: 35 Hang Voi, Hoan Kiem District, Hanoi City.

3. Information about the auctioned asset, the reserve price, step price, the reservation amount:

- Assets auctioned: Debts of  Thang Long Investment and Trade Group Joint Stock Company ("Tincom Company") at BIDV, including all outstanding principal and interest and arising fees up to the time of the debt purchase and sale transaction.

Collateral of the debt: Collateral in accordance with the mortgage contracts signed between the Joint Stock Commercial Bank for Investment and Development of Vietnam and Thang Long Investment and Trade Group Joint Stock Company (Account Details debt according to property auction records).

Legal documents of the debt: Details are according to the documents and documents provided by BIDV.

- Starting price: VND 149,435,922,948 (In words: One hundred forty nine billion, four hundred and thirty five million, nine hundred twenty two thousand, nine hundred forty eight dong). 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 purchasing the Debt, these costs are borne by the winner. price bear. The purchase and sale of the Debt are not subject to VAT.

-  Price step: VND 100,000,000 (In words: One hundred million VND)

- Deposits to participate in the auction: VND 14,943,592,294 (In words: Fourteen billion, nine hundred forty three million, five hundred ninety two thousand, two hundred and ninety-four dong).

4. Time, place, conditions and method of registration for participation in the auction:

A person who registers to participate in an auction other than the case specified in Clause 4, Article 38 of the Law on Property Auction 2016 shall purchase dossiers, submit dossiers, pay advance payment, and submit bid tickets according to the following provisions:

a) Money for buying records; Time, place of sale and receipt of documents:

- Money to buy auction participation files: 500,000 VND / 01 file (In words: Five hundred thousand VND per file)

- Time: During working hours from February 24, 2021 to March 8, 2021.

- Location of sale and receipt of documents: Head office of Sao Viet Auction Company and BIDV Debt Settlement Center - address: 19th Floor, Tower A Vincom 191 Ba Trieu, Hai Ba Trung District, Hanoi ).

* Each organization or individual is only allowed to buy 01 (one) set of auction registration dossiers.

b) Time and method of paying the auction reservation:

- Time: In 03 working days: March 8, 2021, March 9, 2021 and March 10, 2021.

- How to deposit the deposit: Transfer money to the Sao Viet Partnership auction company 's deposit account under the guidance in the Auction Regulation.

5. Time and place to view auctioned asset files:

- Time: During working hours from March 4, 2021 to March 5, 2021.

- Location: At the headquarters of Sao Viet Auction Partnership Company.

6. Time and location of the auction:

-  Time: 14:00 on March 11, 2021.

- Location: Head office of Sao Viet Auction Partnership Company - Address: No. 1 Lot B11c Dam Tram Urban Area, Bach Dang Ward, Hai Ba Trung District, Ha Noi City.

7. Form and method of auction:

- Auction form: Auction by direct voting in many rounds at the auction.

- Auction method: Bidding by the ascending price method.

8. Note:

- The auctioned asset is sold according to its actual condition, Property Records, disputed status, asset quality, ... and all other issues and factors related to the property at the time of delivery. auction.

- The buyer who gets the auctioned asset owns all debt collection rights and other rights and obligations related to the debt arising under the credit contract and the amendment and supplement documents between BIDV and the Company. Thang Long Investment and Trade Group Joint Stock Company.

Contact details:

Sao Viet Auction Partnership Company - Address: No. 1, Lot B11c Dam Trau Urban area, Bach Dang ward, Hai Ba Trung district, Ha Noi City. Hotline: 0246.6505360

Note: Company office hours: Morning: 8:00 to 12:00; Afternoon: 13:00 to 17:00 from Monday to Friday every week.

BIDV

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