On November 30, Minh Nhat Auction Joint Stock Company held its second auction featuring a collection of seized assets from the State Treasury. The auction included 7 vehicles (6 cars and 1 motorbike) managed by the Office of the Investigation Police Agency in Ha Tinh Province.
The starting price for this lot of vehicles is 10.5 billion VND, excluding taxes, fees, and other financial obligations.
Prior to this, the company announced a registration period for participating in the auction from November 6 to 5:00 p.m. on November 20. However, similar to the first auction, no individuals or organizations took part in the second round.
The Minh Nhat Auction Joint Stock Company plans to proceed with a third auction for this asset lot. If the auction remains unsuccessful in the third round, the starting price of this asset lot may be proposed to be reduced.
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The list of vehicles up for auction includes the following:
Volkwagens Beetle car, yellow, manufactured in 1999 in Mexico
Lexus LX 570 car, black, with a capacity of 5.7L, manufactured in 2018 in Japan
Range Rover car, black-blue, with a capacity of 2.0L, manufactured in 2016 in England
Range Rover car, white, with a capacity of 2.0L, manufactured in 2016 in England
Hyundai Santa Fe car, white, manufactured in 2014 in China
Kia Sportage car, black, manufactured in 2005 in South Korea
Ducati Multistrada motorbike, manufactured in 2017 in Italy, with a capacity of 1,198cc
According to some experts, auctioning the entire lot of 7 vehicles is not a reasonable approach, as finding a single buyer for all the vehicles might be difficult. Typically, individuals interested in purchasing a vehicle would only buy one or two cars. As for car dealers, buying the entire lot might not be profitable, so they would need to consider the decision carefully.
TH (Tuoitrethudo)
Photo: Nhat Minh
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