Mr. Nguyen Tan Hoang was born in 1977 in Quang Nam. He started working at Loc Troi in August 2012 and has been holding the position of chief accountant since then.

Before joining Loc Troi, Mr. Hoang held many important positions at CP Vietnam and NLSH Phuong Dong. From 2000-2011, Mr. Hoang worked at CP Vietnam Livestock Joint Stock Company.

On July 15, Loc Troi suddenly dismissed Mr. Nguyen Duy Thuan from his position as general director. Mr. Thuan had held this position for more than 4 years. Mr. Huynh Van Thon, Chairman of the Board of Directors, temporarily ran the company's operations while waiting for the appointment of a new leader.

Recently, Loc Troi accused former CEO Nguyen Duy Thuan of fraudulent behavior, showing signs of violating the law, causing loss of company assets and requested preventive measures against Mr. Thuan.

An Giang Provincial People's Committee said it had received a dispatch requesting the provincial People's Committee's leaders to direct competent authorities to take preventive measures against Mr. Thuan.

In the market, in the trading session on October 17, LTG shares were trading at VND9,400/share. This level decreased by more than 30% compared to the beginning of October and decreased by 60% compared to October 2023.

Proposal to block former CEO Duy Thuan, what is the 'fatal' turning point at Loc Troi? Loc Troi Group has made 'fatal' mistakes, losing its strength as a money printing machine for 30 years, not to mention its risky expansion strategy. Is the proposal to block former CEO Nguyen Duy Thuan related to the group's turning points?