(Dan Tri Newspaper) - This past week saw a lot of "hot" news related to businesses such as FGF, led by CEO Pham Nhat Minh Hoang, having new developments; the chairman of Novaland facing and denying rumors; and the owner of Thien Minh Duc being arrested...
Pham Nhat Minh Hoang's company deals in used VinFast electric cars.
On January 15th, FGF announced its entry into the used car market, specializing in VinFast products.
Through its partnership with VinFast, 100% of vehicles sold by FGF have the privilege of undergoing quality inspection at authorized service centers and can be purchased directly from the Vietnamese electric vehicle manufacturer's dealerships.
FGF was established in early July 2024 with a charter capital of VND 200 billion, of which Mr. Pham Nhat Vuong holds 90% of the shares (equivalent to VND 180 billion).
The CEO and legal representative of FGF is Mr. Pham Nhat Minh Hoang, the second son of billionaire Pham Nhat Vuong. On the same day, January 15th, the engagement ceremony of the businessman born in 2000 with runner-up Phuong Nhi also attracted widespread public attention.
Mr. Truong Gia Binh made a strong statement.
During the trading session on January 17th,FPT briefly rose to 150,100 VND, but closed with a narrowed gain of 1.7% at 149,000 VND, still remaining one of the stocks with the most positive impact on the VN-Index.
FPT shares are experiencing a recovery streak after correcting at their peak. At a recent digital technology event (January 15th), Mr. Truong Gia Binh attracted attention by making three strong commitments related to his investment plan in AI.
Mr. Truong Gia Binh speaking at the event on January 15 (Photo: FPT).
In particular, the tech community was abuzz with the announcement from the head of FPT that they would build two factories in Vietnam and Japan; and in five years (by 2030), they would build five AI factories globally, contributing to making Vietnam one of the leading countries in the region providing AI computing infrastructure.
With the increase in the last trading session, the stock's market capitalization rose by VND 3,677.7 billion; the total market capitalization reached VND 219,189.3 billion, placing it among the top 5 stocks with the largest market capitalization on the Vietnamese stock market.
Currently, FPT's market capitalization has surpassed that of Hoa Phat's HPG, Vinhomes' VHM, Techcombank's TCB, VietinBank's CTG, and Masan Consumer's MCH.
Novaland's chairman is embroiled in and denies rumors.
Last week, Novaland had to publish a statement responding to rumors that Mr. Bui Thanh Nhon - Chairman of the Board of Directors of the company - had resigned effective October 20th.
The company asserts that the information is fabricated, completely false, causing serious misunderstanding for customers, partners, shareholders, and investors, and creating public uproar.
The company stated that it maintains stable production and business operations, with no disruption to its leadership team. Mr. Bui Thanh Nhon remains Chairman of the Board of Directors, directly overseeing and guiding the group's activities.
On the stock market, NVL shares have fallen below the 10,000 VND mark. The closing price for the week was 9,280 VND, down 6.45% for the week and down 9.46% compared to the beginning of the year.
Chairman of Thien Minh Duc Group arrested.
On January 18th, the Ministry of Public Security announced that the Police Investigation Agency had initiated criminal proceedings and temporarily detained Ms. Chu Thi Thanh, Chairwoman and General Director of Thien Minh Duc Group Joint Stock Company, and Mr. Le Thanh An, Deputy General Director, on two charges: embezzlement of assets and illegal printing, issuance, and trading of invoices and documents for collecting state budget revenue.
Ms. Chu Thi Thanh and Mr. Le Thanh An have been indicted (Photo: Investigating agency).
Also charged with the same two offenses are Nguyen Thi Bich Lien, Chief Accountant, and Chu Duc Manh, Head of Sales Department of Thien Minh Duc Group.
According to the Ministry of Public Security, the aforementioned decisions to initiate prosecution are the initial results of a plan to investigate signs of waste and losses in financial and tax management, and to clarify the act of misappropriating the Fuel Price Stabilization Fund at Thien Minh Duc Group Joint Stock Company and related units.
Ms. Chu Thi Thanh has a son named Chu Dang Khoa. Mr. Khoa lived in South Africa for a time and was involved in the diamond business, often referred to as the "diamond tycoon".
Thien Minh Duc is the largest tax debtor in Nghe An province. According to a notice from the Nghe An Provincial Tax Department, as of December 25, 2024, the company owed over 1.085 billion VND in taxes and other state budget revenues. Furthermore, as of November 30, 2024, the company was late in paying mandatory social insurance, unemployment insurance, and health insurance for 108 employees, totaling over 2 billion VND.
The "mysterious" chairman of Thuduc House resigns, leaving the board of directors without a member.
Thuduc House Development Joint Stock Company (Thuduc House - stock code: TDH) announced that it received the resignation letter of Mr. Nguyen Quang Nghia on January 13th.
In his resignation letter, Mr. Nghia stated that he could not continue to serve as Chairman of the Board of Directors after nearly one year and five months in the position since being elected on August 18, 2023.
Mr. Nguyen Quang Nghia has resigned from his position as Chairman of the Board of Directors of Thuduc House, and simultaneously withdrawn his membership from the company's Board of Directors.
Previously, Mr. Nghia completed the sale of nearly 20.7 million TDH shares between December 6, 2024 and December 19, 2024, reducing his ownership stake in the company from 18.41% to 0.046%, equivalent to 52,200 shares, thus ceasing to be a major shareholder of Thuduc House. Notably, during his nearly one-and-a-half-year tenure as Chairman of the Board of Directors of Thuduc House, Mr. Nghia never appeared before the media.
Given these developments, all members of Thuduc House's Board of Directors have submitted their resignations. The official decision will need to be approved by the shareholders' general meeting at the next meeting. Thuduc House is expected to convene an extraordinary general meeting of shareholders in the first quarter. However, the company has not yet announced specific details regarding the time, location, and agenda.
A shareholder attended a meeting and won 500 million VND in a lottery.
Ho Chi Minh City Infrastructure Investment Joint Stock Company (stock code: CII) has just announced the results of its lucky draw program. Shareholder Tran Ngoc Be (with his ID card number) won the grand prize worth 500 million VND.
The first prize, worth 100 million VND, went to shareholder Nguyen Quoc Thai (with his ID number). The second and third prizes, an iPhone and one gold bar respectively, were also awarded through a lucky draw to 13 shareholders whose names are listed.
The awarding of valuable gifts to shareholders is part of CII's plan to encourage shareholders to attend the 2024 Extraordinary General Meeting of Shareholders.
Due to the dispersed shareholder structure, the company's first general shareholders' meetings often fail to meet the required attendance rate and therefore cannot be held. As a result, the company has recently been continuously using methods to encourage shareholder attendance, such as giving gifts and cash incentives.
Source: https://dantri.com.vn/kinh-doanh/ceo-pham-nhat-minh-hoang-co-dong-thai-dac-biet-nhieu-tin-nong-20250119142337361.htm
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