Joint Stock Commercial Bank for Investment and Development of Vietnam ( BIDV -HoSE:BID) Phu Tai recently announced the auction of collateral assets, which are the Factory located in Bui Thi Xuan Ward, Quy Nhon City, Binh Dinh Province.
Accordingly, the auctioned assets are construction items on land, transformer stations attached to the land on map sheets No. 50 and No. 51; location: Area 7, Bui Thi Xuan Ward, Quy Nhon City, Binh Dinh Province (land use origin: State leases land with annual payment).
Specifically, the total area of the land according to the boundary granted the Land Use Right Certificate is 47,939m2. Of which, land plot No. 87, map sheet No. 51 has an area of 21,808m2 with the purpose of use as an agricultural-forestry-product processing factory, with a term of use until July 5, 2051.
Land plot No. 54, map sheet No. 51 has an area of 3,840m2 used as office and production facility, with a term of use until November 2033.
Map sheet No. 50 has an area of 22,291.4 m2 used as land for production and business facilities (expanding the factory to process forest products) with a term of use until July 5, 2051. The origin of land use for the above areas is the state providing land tax with annual land rent payment.
The total area of the land currently in use is 61,864m2 (including the extension to the west). The starting price of the property is 24.32 billion VND. The deposit is 4.8 billion VND and the auction registration fee is 500,000 VND, with a step price of 100 million VND.
The owner of the auctioned property is the Civil Judgment Enforcement Department of Quy Nhon City and the auction organizer is Dong Duong Joint Stock Auction Company, headquartered at Lot DC1a-13 Nguyen Thi Dinh, Quy Nhon City, Binh Dinh Province. The auction will be held at 3:30 p.m. on April 15 at the headquarters of Dong Duong Joint Stock Auction Company.
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