M&T Construction & Trading Company Limited

Asset name

Land use rights at land plot No. 1176, TBĐ No. 13, Hamlet 3, Quynh Dien Commune, Quynh Luu District, Nghe An Province – according to land use rights certificate No. AL 976665 issued by Quynh Luu District People’s Committee on July 8, 2009 with the following characteristics:

+ Land plot number 1176, map sheet number 13

+ Land plot address: Hamlet 3, Quynh Dien Commune, Quynh Luu District, Nghe An Province.  + Area: 300 m2 (Three hundred square meters)

+ Form of use: private use

+ Land use purpose: Rural land

+ Land use term: Long term.

+ Origin of land use: received transfer of land use rights from Mr. Nguyen Huy Tuong’s household.

According to Mortgage Contract No. 1/2019/BD dated December 27, 2019 between Mr. Ho Van Lai and Ms. Nguyen Thi Hoa and the borrower is M&T Construction & Trading Company Limited with Vietnam Maritime Commercial Joint Stock Bank – Nghe An Branch.

Confiscation time

After January 20, 2022

Location of seizure

Hamlet 3, Quynh Dien Commune, Quynh Luu District, Nghe An Province (where the mortgaged real estate is located).

Reason for seizure

Due to the Customer’s violation of debt repayment obligations according to the signed credit contract. Vietnam Maritime Commercial Joint Stock Bank seizes security assets to handle debt recovery as agreed in the signed Mortgage Contract and according to the provisions of law.