NOTICE OF ASSET AUCTION – Transfer of 1,923,300 contributed shares of Tay Ninh 30-4 One Member Limited Liability Company in France–Vietnam Sorbitol Joint Stock Company

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:

– Auction notice

Information disclosure table

Share ownership certificate

Leave a Reply

Your email address will not be published. Required fields are marked *