Thien Minh Duc Group Headquarters – Photo: TRA PHUONG
As reported by Tuoi Tre Online , police searched the headquarters of Thien Minh Duc Group and the private residence of Ms. Chu Thi Thanh – chairwoman of the board of directors of this group – on January 3.
Shareholder structure of Thien Minh Duc
According to the national business registration system data, in the most recent update in December 2024, Ms. Chu Thi Thanh (born in 1960) is still the chairwoman of the board of directors and legal representative of Thien Minh Duc Group Joint Stock Company.
Previously, before the end of 2023, Thien Minh Duc had two legal representatives including Ms. Thanh and Mr. Ma Thien Ma - general director of the group.
Thien Minh Duc was founded by Ms. Thanh and officially registered in September 2001.
Data from 2018 to present, businesses have strong growth in capital.
In March 2018, this enterprise increased its capital from 260 billion VND to 555 billion VND, and changed its name from Thien Minh Duc Joint Stock Company to Thien Minh Duc Group as it is now.
Then in September 2022, Ms. Thanh's group increased its capital from VND 1,455 billion to VND 2,022 billion.
Up to now, there has been no announcement regarding charter capital adjustment.
The three founding shareholders according to the capital contribution list include Ms. Chu Thi Thanh with 1,560 billion VND, equivalent to 77.15% of capital. Next, Mr. Vuong Dinh Quan contributed 1.5 billion VND, equivalent to 0.08% of Thien Minh Duc Group's shares.
Finally, Mr. Chu Dang Khoa contributed 22.77% of capital, equivalent to 460.5 billion VND.
Mr. Khoa was born in 1982, is the son of Ms. Thanh, and is often called the "diamond tycoon" because he lived in South Africa and did diamond business.
In the business registration information, Thien Minh Duc operates mainly in the petroleum sector and owns a system of nearly 10 petroleum stores located in Nghe An.
Not only famous in the petroleum industry, after many years of building and developing, this businesswoman also owns an ecosystem with many different fields such as real estate, hotels, renewable energy...
Caught in a tax debt scandal worth thousands of billions, the owner's departure was delayed
In the public list of tax debtors at the end of November 2024, Thien Minh Duc Group ranked number 1 with a debt of up to 1,291 billion VND.
In August 2024, the Nghe An Provincial Tax Department also sent a notice to the Immigration Department (Ministry of Public Security) about the temporary suspension of exit for Ms. Chu Thi Thanh, because she is the legal representative of the enterprise that is being forced to pay taxes for not fulfilling tax obligations.
According to the announcement, Ms. Thanh's departure from the country will be delayed from August 15, 2024 until the taxpayer completes his tax obligations. However, to date, there has been no updated information on this issue.
In the inspection conclusion announced in early 2024, the Government Inspectorate recommended transferring the case file to the investigation agency and the Ministry of Public Security for consideration and handling according to regulations for a number of contents.
These include violations of the law in declaring and paying environmental protection tax on gasoline and oil, and using the price stabilization fund at Thien Minh Duc Group Joint Stock Company and several other gasoline and oil suppliers such as Xuyen Viet Oil and Hai Ha Waterway Transport Company Limited.
In addition to being the owner of Thien Minh Duc, Ms. Thanh is also the legal representative of a series of businesses, according to data searched on the national business registration information portal system.
Many of these businesses were established in the 2020-2021 period. Also in 2021, Thien Minh Duc Group Joint Stock Company was the highest tax-paying enterprise in the province with VND 1,820 billion.
For example, Ms. Thanh is the chairwoman of MK Real Estate Investment JSC with a charter capital of 650 billion VND. At this real estate company, Ms. Thanh, through Thien Minh Duc Group, contributed 40% of the capital.
She is also the chairwoman of Ho Vuc Mau MK Solar Power Joint Stock Company - a new enterprise established at the end of 2020 with a charter capital of 700 billion VND, later increased to 760 billion VND. Of which, MK Central Solar Power Joint Stock Company holds 80% of the capital.
In addition, a series of other companies that Ms. Thanh is the legal representative of include MK Quang Ninh Real Estate Investment Joint Stock Company, Tasfood Joint Stock Company, Trung Long Joint Stock Company, Hieu Thanh Loc Company Limited...
Comment (0)