Vietnam Bank for Agriculture and Rural Development Debt Management and Asset Exploitation Company Limited (Agribank AMC) has just announced the selection of an organization to auction the debt of Wisland Vietnam Company Limited under the credit contract signed on July 28, 2022 between the company and Agribank Vinh Phuc Branch.
Regarding the auctioned debt, Agribank said the book value of the debt as of July 24, 2024 is nearly VND 54.5 billion. This includes VND 44.9 billion in principal and more than VND 7.53 billion in interest.
Wisland Vietnam was established in 2021, located at Bac Dam Vac Ecological Urban Area Project, Dong Da Ward, Vinh Yen City, Vinh Phuc. The legal representative is Vu Duy Quyen. The company's main business line is real estate, land use rights owned, used or leased.
The collateral for Wisland Vietnam's loan at Agribank includes 3 land use rights at plots 104, 105, 106 on map sheet 56, area 81m2, address: lot 35-B2.10, resettlement area east of Factory 38 and Factory 387, My An ward, Ngu Hanh Son district, Da Nang city, under the use of Mr. Nguyen Dinh Nam.
The fourth secured asset is the ownership of a 12-storey hotel, with a construction area of 194.4 square meters and a floor area of more than 2,699 square meters, located on the above 3 plots of land, owned by Anh Ngoc Tourism Services Company Limited.
List of shareholders contributing capital of Anh Ngoc Tourism Service Company Limited.
According to research, this is a business with Mr. Nguyen Dinh Nam as the legal representative, established in 2017, with headquarters at 71-73 Do Bi Street, My An Ward, Ngu Hanh Son District, Da Nang City, Vietnam.
At the same time, according to the document announcing the new establishment registration content on the National Business Registration Portal, in 2017, the company's charter capital was 10 billion VND with shareholders contributing capital being Mr. Le Viet Thanh contributing 6 billion VND, 60% and Mr. Tran Van Son contributing 4 billion VND, 40%.
At that time, the company's legal representative was Director Tran Van Son. The company mainly operated in the field of short-term accommodation services.
The starting price of the debt offered by Agribank is VND 52,452 billion, equivalent to the value of the debt (including principal and interest).
The above starting price does not include taxes, fees, charges and value added tax in case the auctioned debt is subject to value added tax according to the provisions of law.
Agribank also noted that the debt is auctioned as is (including the debt, legal status and potential risks) and in an as-is manner. The auction is expected to take place in the form of direct voting at the auction/direct verbal voting at the auction/indirect voting/online.
Auction participants are required to deposit 5.245 billion VND, equivalent to 10% of the starting price. Bidding step is 20 million VND/payment.
Source: https://www.nguoiduatin.vn/agribank-muon-dau-gia-khoan-no-the-chap-bang-khach-san-12-tang-204240828104622506.htm
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