Lam Son Sai Gon Partnership Auction Company hereby announces the auction of the following asset:
1. Auction organization:
Lam Son Sai Gon Partnership Auction Company
Address: 111A Tan Son Nhi Street, Tan Son Nhi Ward, Tan Phu District, Ho Chi Minh City.
2. Asset owner:
Tay Ninh 30-4 One Member Limited Liability Company
Address: National Highway 22B, Long Yen Hamlet, Long Thanh Nam Commune, Hoa Thanh Town, Tay Ninh Province.
3. Asset:
Transfer of 1,923,300 contributed shares of Tay Ninh 30-4 One Member Limited Liability Company in France–Vietnam Sorbitol Joint Stock Company.
4. Starting price:
VND 13,164/share
Equivalent to VND 25,318,321,200 for 1,923,300 shares.
5. Deposit and application fee:
Deposit: VND 5,063,664,000
(Five billion sixty-three million six hundred sixty-four thousand Vietnamese dong)
Participants shall pay the application fee/deposit via bank transfer to:
- Account Name: Lam Son Sai Gon Partnership Auction Company
- Account Number: 6360201147610
- Bank: Agribank – Tan Binh Branch
Payment content:
“[Customer Name] – Application fee/deposit for auction participation: Transfer of 1,923,300 contributed shares of Tay Ninh 30-4 One Member Limited Liability Company in France–Vietnam Sorbitol Joint Stock Company.”
Note: Cash payment for application fee is accepted when registering directly at the company office.
6. Time and venue for reviewing auction documents:
From 08:00 on June 24, 2025 to 17:00 on July 4, 2025 via the online auction platform or the National Auction Portal.
7. Registration details:
- Application sale and submission period:
From 08:00 on June 24, 2025 to 17:00 on July 4, 2025 (business hours) - Deposit payment period:
From 08:00 on June 24, 2025 to 17:00 on July 4, 2025 - Eligibility:
Domestic organizations and individuals meeting legal requirements
(Foreign investors are not eligible)
Whole-lot sale only (no partial sale)
Registration methods:
Direct registration:
Submit application at:
- Lam Son Sai Gon Partnership Auction Company (HCMC office)
- Tay Ninh 30-4 One Member LLC (Tay Ninh)
Indirect registration:
- Access online auction portal
- Download and complete application
- Send dossier by post (with delivery confirmation) to the auction company
Late submissions after 17:00 on July 4, 2025 will be considered invalid
Contact for application submission:
Mrs. Duong – Tel: 0962393733
Participants must also register on the online auction platform:
http://lacvietauction.vn
Note: System must record registration before 17:00 on July 4, 2025.
8. Auction method:
Online auction – ascending bid method
- Minimum bid increment:
VND 100/share
Equivalent to VND 192,330,000 per step
Valid bid formula:
Valid bid = Starting price + n × bid increment (n = 1, 2, 3…)
-
- First bid ≥ starting price
- Subsequent bids must be higher than the previous valid bid by at least one increment
-
Auction procedure:
Participants enter and confirm bids via the online system. Multiple bids are allowed within the auction time.The winner is the participant with:
- The highest valid bid (not lower than starting price), and
- The earliest recorded time in case of equal bids
9. Auction time and venue:
From 10:00 to 11:00 on July 9, 2025
Online at: lacvietauction.vn
Eligible individuals and organizations are invited to participate.
For more information:
Lam Son Sai Gon Partnership Auction Company
Address: 111A Tan Son Nhi, Tan Phu District, HCMC
Tel: 028.22455120 – 0962393733
Note: This notice replaces the invitation to participate and attend the auction.
Attachments:
– Information disclosure table
Tiếng Việt
