In addition to My Chau Pharmacy Group, Ms. Le Thi My Chau also owns other businesses. But one of these two businesses has dissolved and gone bankrupt.
My Chau Pharmacy has been quietly closed since November 7 - Photo: THAO THUONG
Ms. Le Thi My Chau, 56 years old, Chairwoman of the Board of Directors of My Chau Pharmacy Group Investment and Development Company Limited, was recently arrested by the Economic Police Department (PC03) of Ho Chi Minh City Police for the crime of "bribery".
Ms. Chau was accused of working with male singer Quoc Khang to "fix" a case for a defendant for 9 billion VND. According to the investigation agency, Khang knew that Ms. Chau wanted to "fix" a case for a person who had just been arrested by PC03, so he approached her and asked for 9 billion VND and would bail the defendant out a week later.
How does the owner of My Chau pharmacy do business?
According to data on the business registration system, My Chau Pharmacy Group Investment and Development Company Limited was converted from My Chau Pharmacy Group Investment and Development Joint Stock Company.
This company was established in May 2020, headquartered at 389 Hai Ba Trung, District 3, Ho Chi Minh City. Through many changes in shareholder structure, Ms. My Chau is still the most influential person in this company.
At the most recent update in mid-May 2024, Ms. Nguyen Thu Hoa was the director and legal representative of My Chau Pharmacy Group.
Regarding the shareholder structure, Ms. Le Thi My Chau contributed 28.5 billion VND, equivalent to 95% of the contributed capital and shareholder Nguyen Thu Hoa contributed 1.5 billion VND, equivalent to 5% of the contributed capital.
Ms. Le Thi My Chau
In addition to My Chau Pharmacy Group, Ms. Le Thi My Chau also owns other businesses.
In which, Ms. Chau used to hold the position of chairwoman at Binh Thuan Power Joint Stock Company.
This energy company was established in January 2019, headquartered in La Gi town, Binh Thuan. However, according to the business registration system, this company has been dissolved.
Ms. My Chau also used to be the leader of My Chau International Real Estate Joint Stock Company - a company established in 2018 with a charter capital of 200 billion VND.
This real estate company is registered at 389 Hai Ba Trung, District 3, the same headquarters location as My Chau Pharmacy Group Investment and Development Company Limited.
However, the latest update also shows that My Chau International Real Estate Joint Stock Company is no longer operating at the registered address.
How is My Chau Pharmacy after the owner was arrested?
My Chau Pharmacy is one of the famous names in Ho Chi Minh City.
Under the "steering" of Ms. My Chau, from a small pharmacy on Hai Ba Trung Street, My Chau Pharmacy is present in many locations, but mainly concentrated in the inner city area of Ho Chi Minh City.
In 2016, Saigon Asset Management Corporation (SAM) signed an investment cooperation agreement with My Chau pharmacy system.
Accordingly, SAM invested an amount equivalent to 15% of shares to become a strategic partner participating in the Board of Directors of My Chau. This strategic cooperation is in the direction of expanding the scale of My Chau pharmacy system.
However, the press later widely reported that the representative of SAM fund spoke out about the loss of the investment in My Chau pharmacy.
On November 7 - a few days after the owner My Chau was arrested, Tuoi Tre Online recorded that at the "drug market" area on Hai Ba Trung Street, District 1, Ho Chi Minh City, My Chau Pharmacy was closed.
A food vendor next to My Chau pharmacy said: "Yesterday, there was a sign saying 60% off, but no one came in. I only saw 1-2 employees. They're closed today, maybe they have family matters to attend to!?", this person said.
In addition to its headquarters in District 1, My Chau Pharmacy also has a chain of pharmacies, present in many locations, mainly concentrated in Ho Chi Minh City, such as District 12, District 10, Tan Binh District...
Similarly, at My Chau 16 pharmacy (3/2 street, district 10), some local residents also informed that today is also the first day this pharmacy closes.
Meanwhile, when accessing the website nhathuocmychau.com, the page is not working with the message "Website is under maintenance. Please come back later".
Source: https://tuoitre.vn/he-lo-ve-ba-chu-chuoi-nha-thuoc-my-chau-vua-bi-khoi-to-cung-nam-ca-sy-quoc-khang-20241107131723893.htm
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