According to the bank's announcement, the debt of Thien An Phuc Education Company Limited as of March 31, 2025 is estimated at nearly 105.3 billion VND, of which the principal debt is 73 billion VND and the interest debt is nearly 32.3 billion VND.

However, the starting price of the debt was only set at over 76.76 billion VND. The application period is from October 15, the auction is expected to take place on October 22.

Thien An Phuc Education Company Limited was established in 2016, with Ms. Dao Thi Tin as Director. This enterprise is the investor of the Thien An Phuc education system chain, including bilingual kindergartens and English schools in Ho Chi Minh City such as: Sao Sang Kindergarten, Sao Mai English Center, Thien An Phuc 2 Kindergarten, Thien An Phuc 4 Kindergarten.

In which, Thien An Phuc 2 Kindergarten located at 191-193 Thong Nhat, Ward 11, Go Vap District, HCMC (now Thong Tay Hoi Ward, HCMC) was used as collateral for the loan at Agribank .

The collateral includes land use rights and house ownership rights at 191 and 193 Thong Nhat, Ward 11, Go Vap District, HCMC (now Thong Tay Hoi Ward, HCMC).

Specifically, one plot has an area of ​​more than 1,210 m2 of land and nearly 865 m2 of housing; the other plot has nearly 165.3 m2 of land and more than 85.2 m2 of housing. The owner of the property is Thien An Phuc Education Company Limited.

In addition, Agribank is also auctioning off a debt of up to VND195 billion of a group of three enterprises at Agribank Tan Phu Branch, including: Asiana Vietnam Joint Stock Company, Mekong Foods Company Limited and Phu Yen Nam Company Limited.

Of which, Asiana Vietnam's debt is more than 82.6 billion VND, Mekong Foods Company Limited's debt is 72 billion VND and Phu Yen Nam Company Limited's debt is more than 40 billion VND.

The starting price that Agribank wants to auction the above debt is 180.1 billion VND.

The debt of the group of 3 companies above is secured by real estate at No. 5 Dang Tat Street, Vinh Hai Ward (now Bac Nha Trang Ward), Khanh Hoa Province according to the certificate of land use rights, house ownership rights and other assets attached to land issued by Nha Trang City People's Committee on June 10, 2011.

Source: https://vietnamnet.vn/ngan-hang-rao-ban-khoan-no-cua-he-thong-truong-mam-non-thien-an-phuc-2452985.html