In the list of individuals who lent money to Quoc Cuong Gia Lai Joint Stock Company as of the end of last year, Ms. Nguyen Ngoc Huyen My is the woman who "lent" the most.
QCG's cash increased from VND28 billion at the beginning of the year to VND115 billion at the end of 2024 - Photo: QUANG DINH
According to the financial report for the fourth quarter of 2024, Quoc Cuong Gia Lai Joint Stock Company (QCG) recorded a number of payables of up to nearly 180 billion VND, most of which were "borrowed money".
Among them, the woman who is lending the largest amount of money to QCG is Ms. Nguyen Ngoc Huyen My.
Ms. Huyen My is the daughter of Ms. Nguyen Thi Nhu Loan, younger sister of Mr. Nguyen Quoc Cuong (Cuong Dollar) - current general director of QCG.
Ms. Loan's daughter was born in 1983. According to the 2024 management report just announced by QCG, Ms. My holds more than 39.38 million QCG shares (equivalent to 488 billion VND), or more than 14.3% of the company's capital.
This number of shares is quite large, compared to the more than 537,000 shares owned by his brother Quoc Cuong.
The report also said that Ms. My's husband, Mr. Lau Duc Duy, a Chinese businessman, was holding more than 10.5 million QCG shares at the end of last year.
According to the report, neither Ms. My nor her husband hold any positions at QCG. In the media, these are also secretive businessmen despite owning and operating many businesses.
Ms. Nguyen Ngoc Huyen My in an event that took place quite a while ago
According to data from the national business registration system, Ms. Nguyen Ngoc Huyen My is the legal representative of The Nhu Company Limited, Lyn Property Joint Stock Company, Quoc Cuong Land Investment Joint Stock Company...
At The Nhu Company Limited, established in April 2010, Ms. My is the director.
This company has a charter capital of 50 billion VND, in which the list of capital contributing members includes Ms. My with 10%, Ms. Nguyen Thi Nhu Loan (80%), the rest is Mr. Lai The Ha (who is currently the Chairman of the Board of Directors of QCG).
At Lyn Property Joint Stock Company, Ms. My is the general director. The charter capital of this company is 150 billion VND.
Lyn Property is also a familiar name that often appears on QCG's financial reports. At the end of 2024, Lyn Property had a deposit of more than 14.1 billion VND at Quoc Cuong Gia Lai.
Ms. My's husband - Mr. Lau Duc Duy (born in 1980) is also a famous businessman in the market with a series of companies such as Dai Nam Investment, Trade and Service Company Limited, Dao Xanh Real Estate Joint Stock Company, Vo Thi Sau Villa Joint Stock Company, Thuan Giao Real Estate Joint Stock Company, Tinh Hoa Global Medical Joint Stock Company...
Quoc Cuong Gia Lai shares gradually recover
QCG shares have recently recovered quite well following the general market trend. With a trading price of VND12,400 per unit, QCG shares have increased by nearly 5% after a quarter but increased by 32% after a year.
Last week, there was a session of near-ceiling increase after on his personal Facebook page, Mr. Nguyen Quoc Cuong - CEO of QCG - shared images showing signs of restarting the Da Nang real estate and marina project (commercial name is Marina Complex).
Source: https://tuoitre.vn/nguoi-phu-nu-kin-tieng-cho-quoc-cuong-gia-lai-vay-tien-nhieu-nhat-la-ai-20250308180100739.htm
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