Ms. Phuong Hang still has money to support storms and floods, live luxuriously, where to get it?

Being released, Ms. Phuong Hang constantly made attention-grabbing moves, including free tickets to Dai Nam KDL. However, according to her company's business results, she is losing heavily, so where to get the money to support storms and floods?

Just a few days after being released from prison ahead of schedule, Nguyen Phuong Hang was signed by the Chairman of the Board of Directors of Dai Nam Joint Stock Company, Mr. Huynh Uy Dung, to hold the position of Vice Chairman of the Board of Directors, First Deputy General Director, and General Director of Dai Nam Tourist Area.

It is known that Dai Nam Joint Stock Company, formerly known as Thanh Le Industrial Park Development Joint Stock Company, was established in March 1996, with multi-industry business activities. In particular, the main function is to trade in real estate, factories, investment in technical infrastructure in residential areas and industrial parks.

In terms of real estate, this company is the investor of key projects in Binh Duong. At the same time, it is also the investor of 2 key industrial parks of the province, namely Song Than 2 industrial park and Song Than 3 industrial park.

In the field of tourism, Dai Nam is a large-scale key tourism project built in 1999 with a total cost of about 6,000 billion VND and then began to open its doors to tourists from September 11, 2008 until now.

In 2016, Ms. Phuong Hang and her husband invested in Dai Nam racetrack with a total area of about 60 hectares, completed on January 29, 2017. This is the first complex speed sports project in Vietnam with a combination of 5 types: horse racing, dog racing, motorcycle racing, go-kart racing, jet-ski - fly-board performance.

From this year to 2019, Dai Nam Joint Stock Company has had continuous revenue growth, but losses have also been in phase. According to recorded data, as of December 31, 2019, the company had negative equity of VND 195 billion, liabilities of up to VND 4,670 billion.

By November 2021, Dai Nam Corp had to issue bonds to raise capital. The bond lot of VND 180 billion they launched has a term of 5 years, a fixed interest rate of 10%/year. At the end of 2023, the company was fined VND 85 million by the State Securities Commission for failing to publish financial statements in 2021, the payment of interest and principal of bonds in 2021 and the report on the use of capital from bond issuance in 2021.

It can be seen that Dai Nam's business is not very smooth, but Mr. and Mrs. Dung Lo Voi and Ms. Phuong Hang still have a luxurious life, strongly donating tens of billions of VND to the Vietnam Fatherland Front, making many people wonder.

And the answer is that in addition to Dai Nam, they still have revenue from other companies such as: Tan Khai One Member Co., Ltd., Dai Nam Than Tien Tourism Co., Ltd., Dai Nam Consulting and Construction Co., Ltd., and Hoang Gia Tan Dinh Co., Ltd.

In which, Dai Nam Consulting and Construction Co., Ltd. had a revenue of VND 10 billion in 2016, increased to VND 480 billion in 2019, a profit of VND 15 billion and total assets of VND 860 billion (as of October 31, 2019).

Tan Khai One Member Co., Ltd. had a revenue of VND 189 billion in 2019, a sharp increase compared to 2018 (more than 7 times). During this period, they also moved from a loss of VND 7 billion in 2018 to a profit of VND 41 billion in 2019. As of December 31, 2019, Tan Khai had total assets of VND 897 billion, equity of VND 84 billion, growth of 40% and 95% respectively compared to the beginning of the year.

In 2022, Tan Khai MTV signed a memorandum of understanding to transfer the project to Vinasing Group Joint Stock Company for VND 2,434 billion. However, this deal later failed. It is known that recently the project has been noticed by Danh Khoi (NRC).

As for Nguyen Phuong Hang, in addition to Dai Nam Corp, she is also the leader of Christina One Member Co., Ltd. Established in 2020, real estate business, land use rights belonging to owners, users or tenants, headquartered in District 1, Ho Chi Minh City. HCM. In addition, Ms. Hang is also a founding shareholder in Glove Dai Nam Joint Stock Company and Huynh Hang Huu Wastewater Treatment Joint Stock Company.

Ms. Phuong Hang's hidden photos for many years were revealed, this is the reason Mr. Dung Lo Voi is crazy about her! Phượng Vũ6 months agoAfter being released, Nguyen Phuong Hang continued to be a name that people were searching for. A photo taken when the female CEO was young just posted has caused a storm on social networks.