Cuong Do La takes over power from his mother, his sister appears, praised for one thing

Recently, the 2025 annual general meeting of shareholders of Quoc Cuong Gia Lai Joint Stock Company took place as scheduled. Notably, this time there was the participation of Ms. Nguyen Thi Nhu Loan.

Ms. Loan was released on bail on November 11, 2024 while the authorities were investigating the case of "Violating regulations on management and use of state assets causing loss and waste".

In front of shareholders, Cuong Do La - General Director shared that he was lucky to have contributed about 15 years to the company, even luckier to be the son of Ms. Loan: "I feel lucky not only to be an employee of the Company, but also to be the son of Ms. Loan".

During the 30 years Quoc Cuong Gia Lai has been operating, Cuong Do La has witnessed many sacrifices his mother has made for the company. According to him, in order for Quoc Cuong Gia Lai to have what it has today, his mother has saved every penny, even when flying by plane she did not choose business class but economy class. Mrs. Loan has devoted her whole life to the company, sacrificing both her personal time and her own freedom.

At the recent shareholders' meeting, Cuong Do La said that this year Quoc Cuong Gia Lai set a target of net revenue of VND2,000 billion and pre-tax profit of VND300 billion, respectively increasing by 274% and 306% compared to the previous year.

In particular, after more than 30 years of operation and development, Quoc Cuong Gia Lai is planning to change the company name.

Speaking at the recent meeting, Quoc Cuong Gia Lai said that the name Quoc Cuong Gia Lai has been in the market for 30 years, but in the context of merging provinces and cities, changing the name will help the process of connecting with partners more smoothly. Even though the name is changed, the relationships, transactions, civil obligations, and implementation of contracts signed by the parties before will not be affected.

Besides Cuong Do La and his mother, his younger sister Huyen My also rarely appeared at the company's annual shareholders meeting.

She wears simple, elegant clothes, constantly chatting with people,...

This is not the first time Huyen My has appeared in public. Compared to past photos, Huyen My is considered to be more and more outstanding and beautiful.

As of July 22, 2024, at Quoc Cuong Gia Lai, Huyen My is the second largest shareholder with nearly 39.4 million shares of Quoc Cuong Gia Lai, equivalent to more than 14.3% of the company's capital. It is only behind the shares held by Ms. Nhu Loan with more than 101.9 million shares, equivalent to 37.05% of the capital.

However, according to the annual company report, Huyen My and her Chinese businessman husband - Mr. Lau Duc Duy do not hold any positions at Quoc Cuong Gia Lai.

In addition, according to data from the national business registration system, Ms. Nguyen Ngoc Huyen My is the legal representative of The Nhu Limited Liability Company, Lyn Property Joint Stock Company, and Quoc Cuong Land Investment Joint Stock Company.

Specifically, Cuong Do La's sister is holding the position of General Director and legal representative of Lyn Property JSC.

Huyen My is also holding the position of Director and legal representative of The Nhu Limited Liability Company. The enterprise was established in April 2010, as of October 2023, the company has a charter capital of 50 billion VND, in which the list of capital contributors 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 Quoc Cuong Gia Lai). The main business is the construction of houses, public works, railways and roads.

Not stopping there, this businesswoman also holds the position of General Director and legal representative of Quoc Cuong Land Investment Joint Stock Company.

Huyen My's husband - Mr. Lau Duc Duy (born in 1980) is also a famous businessman in the market with a series of famous companies in the field of accommodation business in Saigon, owning a series of luxury hotels in the center of District 1.

Although both own and operate many businesses, they are secretive in the media and social networks. This is completely opposite to her brother - who freely publicizes his daily life and family. Huyen My only occasionally appears in important company events and Tet photos with her family.

Cuong Dola's parent company evaporated 800 billion after 1 week, major creditors immediately appeared Thảo Mai10:22:29 26/07/2024Ms. Nguyen Thi Nhu Loan - Cuong Do's biological mother was recently arrested by the Police Department investigating corruption, economic and smuggling crimes (C03, Ministry of Public Security) for violating management regulations. , using State assets causing loss and waste.