NCB seizes 9,096 sqm of land from Tan Tao Industrial Park

By Minh An - Oct 18, 2017 | 07:29 AM GMT+7

TheLEADER9,096 sqm of land that Viet - Nga SG Co., Ltd used as the collateral for loans has been seized by the lender, National Citizen Bank (NCB).

NCB seizes 9,096 sqm of land from Tan Tao Industrial Park
(Photo: wikimedia)

NCB sent a notice to Viet-Nga SG Co., Ltd. to seize the collateral under the mortgage contract signed with Viet- Nga SG Co., Ltd. and Viet Nga Steel Co., Ltd.

Accordingly, the seized assets include lot No.73, map No.53, area: 9,096 sqm. The plot, which belongs to Viet – Nga SG, is located at No. 62-64, No. 3 Street, Tan Tao Industrial Park, Binh Tan District, Ho Chi Minh City.

The floor area of the land-attached assets includes workshop 1 (1,440.0 sqm), workshop 2 (1,574.8 sqm), material warehouse (742.2 sqm), office building (742.2 sqm), the office building next to workshop (27.60 sqm).

On the same day, the bank also announced it would seize land used as loan collateral by SVN Nhat Anh Duong Trading Joint Stock Company and Pham Ngoc Binh.

The seized assets belong to the lot No.60, 61; map No.02, with the area of 1,837 sqm, whose purpose is residential land (230 sqm) and agricultural land (1,607 sqm). The assets, located on National Highway 51, Ward 12, Vung Tau City, belong to Pham Ngoc Binh.