BIDV announces the selection of asset valuation organization (KKLA)

RELEASED DATE
04 Jul 2022

Joint Stock Commercial Bank for Investment and Development of Vietnam - Ba Thang Hai Branch announces the selection of asset valuation organization as a debt as follows:

1. Debt information

a) Name of debt: Debt of Long An Metal Join Stock Company.

b) Name of the debtor: Long An Metal Join Stock Company.

c) Address: Hamlet 4, Long Cang Commune, Can Duoc District, Long An Province.

d) Legal representative: Le Thi Huong Giang - Position: Director.

e) Business registration certificate No. 1100847715 issued by Department of Planning and Investment of Long An province for the first time on May 07, 2009.

f) Total outstanding balance of the loan as of June 10, 2022 is: VND 155,411,038,580. including: Principal balance VND 87,710,389,588; Interest balance and penalty interest: VND 67,700,648,992, under Credit Contracts:

No.	No., Credit Contract date	Curency	Total outstanding balance of the loan
			Principal balance	Interest balance and penalty interest
1	Credit Contract No. 2435/2015/4185484/HĐTD dated November 02, 2015 and Credit Contract No. 231/2013/HĐ dated January 17, 2013 and documents amending and supplementing credit contracts.	VND	87,710,389,588	67,700,648,992

g) Measures to secure the debtor's payment obligations for the Debt

No.	Mortgage Contract	Debt security assets	Owner
1	No. 232/2013/HĐ dated 21/01/2013	Land use rights, ownership of houses and other properties attached to land at address: 1/32 Pham Cu Luong, Ward 2, Tan Binh District, Ho Chi Minh City (Old address: 11D + 12D Pho Quang Street) according to Certificate of Land Use Rights, ownership of houses and other properties attached to land at parcel No. 28, map No. 65 (BDDC), in the land use right grant book No. HB0055/26965 issued by Tan Binh District People's Committee on February 16, 2005	Mr. Đinh Thai Binh and Mrs. Pham Nguyen Ngoc Thu
2	No. 232/2013/HĐ dated 21/01/2013	Land use right at land parcel No. 602, map No. 10, Tan Tuc Town, Binh Chanh District, Ho Chi Minh City according to Certificate of Land Use Rights in the land use right grant book No. CH01061 issued by Binh Chanh District People's Committee on November 11, 2011	Mr. Đinh Thai Binh and Mrs. Pham Nguyen Ngoc Thu
3	No. 2433/2015/4185484/HĐBĐ dated 26/11/2015	Land use rights, ownership of houses and other properties attached to land at land parcel No. 173, Hamlet 2, An Hoa Commune, Bien Hoa City, Dong Nai Province according to Certificate of Land Use Rights, ownership of houses and other properties attached to land No. BL 525720, in the land use right grant book No. CT 15245 on November 26, 2012	Long An Metal Join Stock Company
4	No. 2433/2015/4185484/HĐBĐ dated 26/11/2015	Land use rights, ownership of houses and other properties attached to land at land parcel No. 174, Hamlet 2, An Hoa Commune, Bien Hoa City, Dong Nai Province according to Certificate of Land Use Rights, ownership of houses and other properties attached to land No. BL 525721, in the land use right grant book No. CT 15246 on November 26, 2012	Long An Metal Join Stock Company
5	No. 2689/2015/4185484/HĐBĐ dated 01/12/2015	Machinery equiment: Sheet Steel Cutting Line (2-12mm); Roll Steel Slitting Line; Uncoiler YC 250; Double Girder Bridge Crane; Metal Working Machine and accessories.	Viet Nga Steel Co., Ltd

2. Deadline for document submission:

Deadline for direct submission is 07 working days (10 days by postmark) from the date BIDV posts a public notice on the website http://bidv.com.vn

3. Submission location:

- Joint Stock Commercial Bank for Investment and Development of Vietnam – Branch of Ba Tháng Hai, Business Customer Deparment 3 (Address: 456 Ba Thang Hai, Ward 12, District 10, Ho Chi Minh City).

- Contact person: Mr. Bui Dinh Chung (Email: chungbd2@bidv.com.vn, Mobile: 0942.315.186).

4. Selection criteria:

- The selected enterprise must be on the public list of price appraisal enterprises eligible for price appraisal operation of the Ministry of Finance..

- The selected price appraisal enterprise is not in the case of not being subject to price appraisal according to the provisions of the Price Law and its guiding documents.

- Has conditions and capacity as prescribed by law, reputable in the field of price appraisal.

- Belonging to the list of independent price appraisal enterprises that signed a cooperation agreement with BIDV.

- Independent of the Debtor and Property Owner (is not a person related to the Debtor, Secured Property Owner as prescribed by law).

- Has the lowest pricing service fee, has the fastest execution time.

- In case there are many dossiers with the same fee, the unit that send the dossier to BIDV Ba Thang Hai earlier will be selected.

5. Registration file included:

- Enterprise legal documents.

- Description of capacity and experience.

- Bidding letter and other commitments of the price appraisal enterprise (if any).

* Note:

- The registration dossier automatically expires in case the price appraisal enterprise does not allowed to make price appraisal as prescribed by law.

- BIDV will send a written notice of the result to the selected appraisal enterprise, the entities who will not be notified of the result are understood as not selected, BIDV will not return the application to the unselected entities.