Information about bad debts and collateral assets.
CIMCO Construction and Industrial Materials Co., Ltd. borrowed capital from MSB under Credit Agreement No. 03/2011/KHDNL dated January 15, 2011, signed between MSB and CIMCO Company, and the Credit Agreement Appendix No. 01/2012/Pl HĐTD dated May 21, 2012 (attached to Credit Agreement No. 03/2011/KHDNL dated January 15, 2011) signed by Mr. Chu Minh Ngoc.
Total outstanding debt: provisional as of October 7, 2024 is: VND 360,500,215,361, of which:
Tam Son Equipment and Materials Import-Export Co., Ltd. borrowed capital from MSB under Loan Agreement No. 112/2012/HĐCV dated December 25, 2012, signed between MSB and Tam Son Equipment and Materials Import-Export Co., Ltd., signed by Mr. Ha Trung Duong.
Total outstanding debt: provisionally calculated as of October 7, 2024 is: VND 114,286,895,052, of which:
Information about the collateral:
The debt is offered for sale in its current state, including the outstanding balance, legal status, potential risks, collateral, debt history, dispute status, debt quality, and all other relevant issues and factors at the time of the offering.
In addition to the information regarding the debt provided by the seller, the prospective buyer is responsible for reviewing, researching, and independently determining the legal status of the debt.
Sales methods
MSB is selling the entire debt in its current state, including: all rights and interests associated with the debt held by the Seller in relation to the Debtor; the right to dispose of collateral and other related rights and interests as stipulated by law that are owned by the Seller; including all rights and obligations before, during, and after the debt sale.
Non-recourse sales method.
Debt sale price: Equal to the value of the debt (including principal, interest, and penalty interest) at the time of the debt sale transaction.
Methods for selecting a buyer for debt
The buyer will contact MSB and work directly with MSB (to learn about the debt and the collateral securing the debt).
In the event that the Customer/Partner is interested and has specific requirements for the debt, and agrees to sign a confidentiality agreement (using MSB's template), MSB will provide the necessary information to the Customer/Partner for evaluation of the debt purchase and sale plan. After reviewing the debt, the buyer will send a letter of offer to MSB.
Term of the debt sale
Timeframe for working/researching/negotiating the purchase price of the debt: Organizations and individuals interested in purchasing the debt must contact MSB no later than 5 PM on November 8, 2024.
Contact information:
Vietnam Maritime Commercial Bank - 27th Floor, ROX Building, 54A Nguyen Chi Thanh Street, Lang Thuong Ward, Dong Da District, Hanoi City.
Debt collection officers: Mr. Mai Van Duyen – Phone: 0917 980 316/0961 766 036 and Mr. Hoang Minh Tuan – Phone: 0989 200 794.
Source: https://vtcnews.vn/msb-thong-bao-chao-ban-khoan-no-ar902318.html
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