Cuong Do La's mother divided her assets equally between her son-in-law and sister, and her son only got an odd number

Regarding the recent arrest of Cuong Do La's biological mother - Ms. Nhu Loan, many people are interested in the assets of the Quoc Cuong Gia Lai Group where she is located. Notably, her son-in-law, daughter, and sister hold the most shares.

The Police Investigation Agency has issued a decision to prosecute the defendant and a temporary arrest warrant for Ms. Nguyen Thi Nhu Loan, General Director of Quoc Cuong Gia Lai Joint Stock Company. Ms. Nguyen Thi Nhu Loan has been closely associated with the formation and development of Quoc Cuong Gia Lai from 1994 to present, in many different positions. Ms. Nhu Loan used to hold the position of Chairman of the Board of Directors of the company. In 2022, Ms. Nhu Loan suddenly left her position as Chairman of the Board of Directors to hold the position of General Director.

Yesterday's session, July 19, right after the news of CEO Nguyen Thi Nhu Loan's arrest, Quoc Cuong Gia Lai shares fell to the floor at 9,070 VND/share - this was the 6th consecutive losing session, and a decreasing session. 7th point out of 10 most recent trading sessions. Overall, from the beginning of July 2024 until now, Quoc Cuong Gia Lai has decreased by 33%, the business capitalization is approximately VND 2,500 billion.

At Quoc Cuong Gia Lai, Ms. Nhu Loan's family members do not hold key positions in the leadership. Ms. Loan's son, young master Nguyen Quoc Cuong (Cuong Do La), was once the "boss" at Quoc Cuong Gia Lai, but this young businessman decided to "go out on his own" many years ago.

Young master Nguyen Quoc Cuong also does not hold many Quoc Cuong Gia Lai shares, only 537,500 units, equivalent to a value of nearly 5 billion VND. As for Dam Thu Trang, Ms. Nhu Loan's daughter-in-law, she also does not own any shares.

Although not on the list of company leaders, Ms. Loan's daughter, Ms. Nguyen Ngoc Huyen My, is "rich" on the stock exchange with assets of 357 billion VND. This is the value of more than 39.28 million Quoc Cuong Gia Lai shares that Ms. Huyen My is holding.

In addition, Mr. Lau Duc Duy, Ms. Loan's son-in-law, also holds more than 10.5 million Quoc Cuong Gia Lai shares, equivalent to a value of about 95 billion VND. Ms. Loan has 3 younger sisters, of which the person who owns the most shares is Nguyen Thi Anh Tuyet with more than 9.6 million units, worth about 88 billion VND.

As for the 3 brothers-in-law, 2 of them own millions of shares, Mr. Luu Dinh Phat and Mr. Ho Viet Manh, with a value of less than 20 billion VND.

In total, Ms. Nhu Loan and related people hold about 60.2% of Quoc Cuong Gia Lai's charter capital, equivalent to a value of 1,500 billion VND based on the current par value of Quoc Cuong Gia Lai shares.

In addition to Quoc Cuong Gia Lai, Ms. Nhu Loan is also the legal representative and leader of many other businesses such as Hiep Phuc Real Estate Joint Stock Company, An Phuc Real Estate Investment Joint Stock Company, Phu Huu Land Joint Stock Company...

Hiep Phuc Real Estate Joint Stock Company was established in April 2008, initially with Mr. Nguyen Xuan Tham as General Director, main activities in the fields of forest planting and care, sand and stone exploitation, and short-term accommodation services. .. the company has a charter capital of 30 billion VND.

Ms. Nhu Loan took over the position of General Director of Hiep Phuc real estate in August 2017. Just over a month later, the company increased its capital more than 16 times, to 500 billion VND. In March 2018, the company continued to increase capital to 650 billion VND.

An Phuc Real Estate Joint Stock Company was established in November 2017, with Ms. Nguyen Thi Nhu Loan as General Director, legal representative. An Phuc has a charter capital of 700 billion VND, main activities in the field of house construction, civil engineering works, and real estate business of all kinds. An Phuc has 3 founding shareholders, of which Ani Joint Stock Company contributes 51%; Hiep Phuc Real Estate Joint Stock Company contributed 48.4%, the remaining 0.1% was contributed by Mr. Dinh Van Hung.

Cuong Do La's biological mother lost more than 450 billion VND in assets and was in debt of more than 5,000 billion VND Thanh Phúc17:02:27 20/07/2024The recent arrest of Ms. Nhu Loan - Cuong Do La's biological mother - is making the entire internet confused. Accordingly, her business became increasingly unprofitable and her capitalization value decreased sharply.