The Bank for Agriculture and Rural Development (Agribank) Lang Ha Branch, Hanoi has just announced the selection of an organization to auction the debt of Thien Thanh Group Company Limited.
According to the announcement, the credit contract dated July 22, 2011 and the attached contract appendices between this company and Agribank, the total debt (both principal and interest) temporarily calculated as of March 31 is more than 350 billion VND.
The amount of interest continues to arise from April 1 until Thien Thanh Group Co., Ltd. liquidates Pay off all principal and interest on the loan.
The collateral for this loan is the land use rights of Phong Hiep Trading Service Company Limited at plot number 138, map sheet number 3, area more than 5,000m2 address at lot 9, high-rise commercial and service complex in Chi Lang stadium area (Da Nang). The starting price at auction is more than 350 billion VND.
Chi Lang Stadium has an area of more than 55,000 square meters surrounded by 4 routes: Le Duan, Chi Lang, Ngo Gia Tu and Hung Vuong (Hai Chau district).
In 2010, Chi Lang Stadium was sold by Da Nang to Thien Thanh Group Company Limited (at this time led by Mr. Pham Cong Danh as Chairman of the Board of Directors) to build a commercial and residential complex. high-rise services.
After land allocation, the stadium was divided into 10 land use rights certificates and mortgaged for bank loans.
July 2014after Pham Cong Danh was prosecuted, Chi Lang Stadium became an asset related to the case.
In 2018, after the verdict took effect, the People’s Committee of Da Nang City issued a document stating the desire to retain the stadium. Chi Lang campaign. Up to now, the city has not had any document to revoke or cancel the 2018 document that proposed to the Prime Minister regarding the above wish.
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