Hoang Quan Real Estate Chairman's departure from the country was temporarily suspended.

On July 17th, according to a source from Dan Tri newspaper, the Can Tho City Tax Department recently issued a notice regarding the temporary travel ban for Mr. Truong Anh Tuan (born in 1964) - Chairman of the Board of Directors and legal representative of Hoang Quan Can Tho Real Estate Investment Joint Stock Company.

Specifically, according to notice No. 2920 from the Can Tho City Tax Department, Mr. Truong Anh Tuan was temporarily prohibited from leaving the country because "he is the legal representative of Hoang Quan Can Tho Real Estate Investment Joint Stock Company, is subject to enforcement of an administrative decision on tax management, and has not yet fulfilled his tax obligations."

Mr. Tuan's departure from the country is suspended from June 19th until he fulfills his tax obligations to the State budget.

Mr. Truong Anh Tuan, Chairman of the Board of Directors and legal representative of Hoang Quan Can Tho Real Estate Investment Joint Stock Company (Photo: HQC).

According to an announcement from the Can Tho City Tax Department, as of May 31st, Hoang Quan Can Tho Real Estate Investment Joint Stock Company owed over 6.1 billion VND in taxes. Hoang Quan Can Tho Real Estate Investment Joint Stock Company was established in 2008 and is a member of Hoang Quan Group (stock code: HQC). Mr. Truong Anh Tuan is also the Chairman of the Board of Directors of Hoang Quan Group.

Previously, Mr. Truong Anh Tuan was temporarily prohibited from leaving the country by the Vinh Long Tax Department due to tax arrears owed by Hoang Quan Mekong Real Estate Consulting, Trading and Service Joint Stock Company. This decision was lifted on June 19th.

At the close of trading on July 17, HQC shares were priced at 3,530 VND per unit, down more than 6% compared to the July 16 session.

Source: https://dantri.com.vn/kinh-doanh/chu-tich-dia-oc-hoang-quan-bi-tam-hoan-xuat-canh-20240717221115502.htm