What does the ecosystem of CEO Vu Thi Thuy, who was recently detained, have besides Nhat Nam Real Estate?

Công LuậnCông Luận08/09/2023


Singer Khanh Phuong and his wife have been mentioned many times in the capital mobilization case of a real estate company and the purchase and sale of shares of Song Da 1.01 Joint Stock Company (SJC).

Since singer Khanh Phuong joined the Board of Directors of Song Da 1.01, the company's SJC shares have continuously "painted a Christmas tree" with shocking increases and sharp decreases. Up to now, Ms. Vu Thi Thuy, singer Khanh Phuong's wife, has been detained for investigation on charges of fraud.

What else does Ms. Vu Thi Thuy's ecosystem have?

Before coming to Nhat Nam Real Estate, Ms. Vu Thi Thuy opened an animal feed dealership in Thanh Hoa. In a rare press interview in 2021, this businesswoman was described as owning a large fortune and an ecosystem worth more than 1,000 billion VND.

The marital relationship between Ms. Thuy and singer Khanh Phuong was only officially revealed in mid-June when singer Khanh Phuong explained some of his SJC stock transactions.

The pregnancy of singer Khanh Phuong's wife has just been detained, but what businesses are involved? Image 1

What does the ecosystem of Ms. Vu Thi Thuy, singer Khanh Phuong's wife, include? (Photo TL)

In Ms. Vu Thi Thuy's ecosystem, the names Song Da 1.01 - Song Da Nhat Nam Group Joint Stock Company and Song Da Invest Joint Stock Company stand out. In which, Song Da Nhat Nam Group was established in November 2022 with its headquarters located on the 4th floor, CT1 Van Khe building, La Khe ward, Ha Dong district. Ms. Thuy holds 90% of the shares, Mr. Pham Van Tuyen holds 5% and Mr. Trinh Van Ton holds 5%.

Song Da Nhat Nam is the investor of the Elite Tower Van Phuc Apartment project located at 55, Street 430, Van Phuc Ward, Ha Dong District, Hanoi. With this project, Song Da Invest is also the project construction unit.

Song Da Invest was established in early 2023 with a charter capital of only 100 billion VND. Ms. Thuy holds 98% of the charter capital, Mr. Bui Van Nam holds 1%, and Mr. Tran Van Duc holds 1%.

Pine tree drawing stock, singer Khanh Phuong and his wife withdrew all capital from Song Da 1.01

Since June 2022, when singer Khanh Phuong joined the Board of Directors of Song Da 1.01, this stock has drawn virtual Christmas trees on the price chart twice. In June 2022, SJC's price range was only around VND 1,400/share.

However, after 6 months of trading, despite poor business results, SJC code climbed to a price of 17,900 VND/share on December 26, 2022. This corresponds to SJC code increasing in price 12.8 times in just 6 months.

The pregnancy of singer Khanh Phuong's wife has just been detained, but what businesses are involved? Image 2

SJC shares of Song Da 1.01 continuously draw pine trees

After this period, SJC fell sharply to VND 4,600/share on March 20, 2023, equivalent to a loss of 74% in just the next 3 months. The company's business situation during this period was also not outstanding.

When it peaked again at VND 15,700/share on June 19, 2023, it was also the time when singer Khanh Phuong revealed his relationship with his rich wife and sold a large amount of SJC shares he held.

Up to now, SJC shares are still subject to trading restrictions, with the recorded price being VND 10,100/share on September 8, 2023.

Singer Khanh Phuong has registered to sell all 908,476 SJC shares he holds, equivalent to a holding ratio of 13.1%. The transaction period is from August 7, 2023 to August 31, 2023.

In another development, Song Da Nhat Nam Group of Ms. Vu Thi Thuy, the wife of singer Khanh Phuong, also continuously sold SJC shares in July and late August. Specifically, on July 28, 2023, this unit sold 465,200 SJC shares. After that, the company continued to register to sell all 255,800 SJC shares with a trading period from August 4, 2023 to August 25, 2023.



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