Thuduc House changes chairman for the third time since the beginning of the year

The Board of Directors of Thu Duc Housing Development Joint Stock Company (Thuduc House) has just issued a resolution appointing Mr. Nguyen Quang Nghia as Chairman of the Board of Directors. Mr. Nghia has become a major shareholder of Thuduc House since mid-June after purchasing nearly 21.1 million shares, equivalent to 18.75% of charter capital.

According to Thuduc House, for over 20 years, Mr. Nghia has invested in finance, real estate and services. He is also the third Chairman of the Board of Directors of Thuduc House since the beginning of the year.

Thuduc House changes Chairman of Board of Directors for the third time

After the tax embezzlement case that shook the stock market and led to the arrest of a series of leaders, Thuduc House's senior personnel continuously changed from the chairman position to the board of directors.

Previously, in mid-March 2023, Thuduc House announced that Mr. Lu Minh Son had submitted a resignation letter from the position of Chairman of the Board of Directors and withdrew from the Board of Directors for personal reasons. Mr. Son submitted a resignation letter from the position of Chairman after just over a month in office. Next, the person who replaced him as Chairman of the company from April 2023 was Mr. Nguyen Huy Hoang. But after nearly 2 months, in early June, Mr. Nguyen Huy Hoang submitted a resignation letter from the position of Chairman and member of the Audit Committee of Thuduc House, citing his own business plan and therefore, he could no longer hold the above positions.

Since the beginning of February, Mr. Le Chi Hieu - former leader of the Board of Directors of Thuduc House Company for nearly 20 years has submitted a resignation letter from all positions in the company.

Thuduc House sets a business target of VND440 billion in net revenue for the whole year of 2023, 3 times higher than last year, and VND88 billion in profit, nearly 18 times higher than last year. According to the management board, this year's revenue is expected to increase sharply thanks to the recognition of unrealized revenue due to the transfer of the Phu My project in Ba Ria-Vung Tau. However, at the end of the first 6 months of this year, the company recorded VND69 billion in net revenue and a loss of nearly VND20 billion, a sharp decrease compared to the profit of more than VND42.5 billion in the same period last year. The company's total accumulated loss as of June 30 was VND708 billion.

Source: https://thanhnien.vn/thuduc-house-lan-thu-3-thay-chu-tich-ke-tu-dau-nam-185230822104643034.htm