Wednesday, 04/07/2012 11:17

NVN: Notice of land auction

House Viet Nam Joint Stock Company announced a land auction as follows:

1. The Board of Directors held a meeting and issued a resolution about a loan of VND80 billion from Ms. Quach Thu Thanh, an affiliated shareholder. The VND80-billion loan will be disbursed in many times. The loan term is 08 months and interest rate is 14%/year. The borrowing will be submitted to consult shareholders in July 2012.

2. On June 27, 2012, House Viet Nam Joint Stock Company implemented procedures to auction its land use right of the 1,946-m2 building in The Boat Club Residences Project through Minh Phap Auction Joint Stock Company.

-         Area: 1,946 m2.

-         Purpose: residential building land.

-         Place: The Boat Club Residences, Truong Thanh Ward, District 9, HCM City.

-         Current owner: House Viet Nam Joint Stock Company.

-         Auction unit: Minh Phap Auction Joint Stock Company.

-         Auction date: June 27, 2012

-         Auction venue: 408 Nguyen Thi Minh Khai, Ward 5, District 3, Ho Chi Minh City.

-         Winning price: VND15,100,000/m2 ( not including VAT).

-         Total transfer value: VND29,384,600,000 (not including VAT)

-         Payment time: in 30 days from the winning date.


HOSE

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