Who is behind the Cali Broken Rice restaurant chain in Ho Chi Minh City?

From a Vietnamese street food, broken rice has been quickly developed by many businesses into F&B (Food and Beverage) chains specializing in broken rice. With its rustic, familiar flavor and reasonable cost, broken rice always has a stable number of customers.

However, the current broken rice business market is very diverse with many large and small brands. One of the famous broken rice chains in Ho Chi Minh City is Cali Broken Rice. The company operating this chain is Ngoc Le F&B Joint Stock Company.

A plate of broken rice (Photo: IT).

The predecessor of this enterprise is Ngoc Le Company Limited, established in 2007. In September 2016, the founding shareholders included Ms. Nguyen Thi Huong Thao, who contributed 490 million VND, and Ms. Truong Stephanie Hong (American nationality), who contributed 4.41 billion VND. The capital of these two people was then transferred to Mr. Tran Thanh Dat (4.41 billion VND), Mr. Dinh Xuan Thuan (245 million VND), and Ms. Tran Thi Xuan Huong (245 million VND).

Ms. Nguyen Thi Huong Thao is the Director and Legal Representative of the company. In November 2016, the company converted its business type to a joint stock company.

In January 2017, this company changed its business registration with the appearance of Mr. Pham Le Nhat Quang. Mr. Nhat Quang assumed the position of Chairman of the Board of Directors. The position of Director and Legal Representative was transferred to Mr. Tran Thanh Dat. He is also the largest shareholder.

According to tax declaration information, the number of official employees of the enterprise in November 2016 was one person, increasing to 100 people in 2019. In 2022, the company increased its capital from 4.9 billion VND to 6.4 billion VND. Of which, foreign capital accounted for 49%, private capital accounted for 51%.

The foreign shareholder is QSR Investment Joint Stock Company. In April 2022, the company continued to increase its capital to VND 9.9 billion. QSR Investment Company contributed more than VND 4.8 billion.

QSR Vietnam contributed more than VND 4.8 billion in capital to Ngoc Le F&B Joint Stock Company (Source: DKKD).

QSR Investment Joint Stock Company was established in 2013. This company specializes in investing in the restaurant chain service sector in Vietnam. Information on the website shows that this unit is behind a restaurant system with famous brands from the US such as Dairy Queen, Swensen's, The Pizza Company, AKA House, Holy Crab, Chang and The Coffee Club.

Mr. Pham Le Nhat Quang used to be a member of the Board of Directors of Vndirect Securities Joint Stock Company. Vndirect's 2017 prospectus said that Mr. Nhat Quang had a bachelor's degree in banking and finance.

Mr. Pham Le Nhat Quang (Photo: Innoex).

At this time, Mr. Quang is also a member of the Board of Directors of several other companies including Vietnam Foods Joint Stock Company, Beta Media Joint Stock Company, QSR Vietnam Joint Stock Company, and VietWash Joint Stock Company.

Previously, Mr. Quang was also a member of the Board of Directors of Hoa Cam Industrial Park Investment and Development Joint Stock Company. This businessman also held the position of director of Crescent Capital Management - an investment fund that managed 2.5 billion USD in China and Southeast Asia.

Source: https://dantri.com.vn/kinh-doanh/ai-dung-sau-chuoi-nha-hang-com-tam-cali-tai-tphcm-20241018130022667.htm