RELEASED DATE 11 Sep 2019
1. Information of assets:
- Machinery and equipment for car parts production of Duc Hoa Automobile Mechanical Co., Ltd.
- All assets attached land No. 350, map no. 350 at An Lac Hamlet, Trung Trac Commune, Van Lam District, Hung Yen Province; according to the Certificate of land use rights No. AC 245164 issued by People’s Committee of Hung Yen Province on 02December 2005 for Duc Hoa Auto Mechanical Co., Ltd.
2. Owner of auction property: Joint Stock Commercial Bank for Investment and Development of Vietnam - Bac Hung Yen Branch, Pho Noi Crossroad, Nghia Hiep Commune, Yen My District, Hung Yen Province, Viet Nam.
3. Starting price: VND23,400,000,000 (In words: Twenty three billion and four hundred million Vietnamese dong). Buyers must pay fees relating to registration for transferring rights, carrying out procedures for ownership transfer, property use and all taxes and other fees according to the legal provisions (if any), including the financial obligations of the former owners to pay to the State such as land lease, land tax, electricity, water, telephone .... (if any)
4. Documents for participation: 500,000 VND/01 set
5. Deposit: VND4,000,000,000 (In words: Four billion Vietnam dong).
6. Time and place for purchasing auction participating documents: From the date of public announcement of the auction of assets to 30 September 2019 (during office hours) at Auction Company Lam Son Property Partnership Branch in Hanoi. Address: 68 Truong Chinh, Dong Da District, Hanoi.
7. Time and place for reviewing assets: From 19 September 2019 to 20 September 2019 (during office hours) at Duc Hoa Auto Mechanical Co., Ltd, An Lac Hamlet, Trung Trac Commune, Van Lam District, Hung Yen Province.
8. Time and place for document submission, placing deposit, conditions and registration method for participating in the auction:
- Time and place for document submission: From the date of public announcement to 30 September, 2019 (during office hours) at the auction company's branch in Hanoi - Address No. 68 Truong Chinh, Dong Da District, Hanoi.
- Time for placing deposit: From 30September 2019 to 2 October 2019 (during office hours).
- Participation requirements: Those who do not fall into the cases specified in Clause 4, Article 38 of the Law on property auction are eligible to register to participate in the auction.
* How to register to participate in the auction:
a) Sign up to purchase auction documents; bring ID (for individuals) or recommendation letter (for organizations).
b) Submit the documents and get back a receipt.
List of documents (for organizations):
- Business registration certificate (copy version and original for comparison).
- Identification card/Citizen card and power of attorney for the person submitting the documents for not being the owner of the organization (copy version and original for comparison).
- Application form for registration.
c) Placing deposit of VND4,000,000,000 (In words: Four billion) via transfer into account of Branch of Lam Son Property Partnership Auction in Hanoi - Account number: 21110001123280, opened at: Joint Stock Commercial Bank for Investment and Development of Vietnam - Hanoi Branch.
- Message: Transfer (deposit) to participate in property auction according to notice No. 48/2019/TB-LS, 03 September 2019.
- Advance payment receipt must be supplemented within the deposit payment deadline.
Note: If there is a lack of account statement and deposit documents, organizations will not be eligible to participate in the auction.
9. Time and place of the auction: At 10:00am on 3 October 2019 at Lam Son Property Auction Company Branch in Hanoi, address: No. 68 Truong Chinh Street, Phuong Mai Ward, Dong Da district, Hanoi.
10. Auction form, auction method: Direct verbal auction with the method of bidding up. Unlimited number of auction rounds.
For more details, please contact: Mr Le Tuan Vu - Corporate Banking Department 1 - BIDV Bac Hung Yen Branch. Mobile : 0987768819.