Thanh Thanh Cong - Bien Hoa Joint Stock Company (code SBT) has just announced information about 2 candidates for the Board of Directors for the new term.

Notably, Ms. Huynh Bich Ngoc. Ms. Ngoc (born in 1962) is known as the "sugar queen". With more than 40 years of experience in the agricultural sector, Ms. Ngoc is one of the people who contributed to making TTC AgriS a large sugar company in Vietnam. Ms. Ngoc was the Chairwoman of the Board of Directors of SBT and resigned in July 2024 when her term ended.

Currently, Ms. Ngoc holds the position of Permanent Vice President and General Director of TTC Group, Permanent Vice President and General Director of Thanh Thanh Cong Investment Joint Stock Company.

At SBT, Ms. Ngoc is holding 69.2 million shares, equivalent to 9.09%. Thanh Thanh Cong Investment JSC, where Ms. Ngoc is a leader, holds 166.5 million SBT shares, equivalent to 21.85%.

Ms. Dang Huynh Uc My (Ms. Ngoc's daughter) has replaced her mother as Chairwoman of SBT's Board of Directors until now. Ms. Ngoc's daughter currently holds 74.9 million shares, equivalent to 9.84%.

Mr. Dang Van Thanh (Ms. Ngoc's husband) does not hold any SBT shares. Mr. Dang Huynh Thai Son (Ms. Ngoc's son) is holding 117,700 SBT shares, accounting for 0.02%.

Another candidate is Mr. Nguyen Thanh Ngu. Mr. Ngu held the position of General Director of SBT from 2014 to August 2024. Mr. Ngu is currently the Permanent Deputy General Director of TTC Group and Chairman of the Board of Directors of Toan Hai Van Joint Stock Company. Mr. Ngu does not hold any SBT shares.

The 2023-2024 annual general meeting of shareholders is scheduled to take place on October 24. According to documents prepared for the meeting, SBT set a revenue plan for the 2024-2025 fiscal year of VND26,168 billion, down 10% compared to the previous year, with pre-tax profit reaching VND900 billion.