Cuong Dola's parent company evaporated 800 billion after 1 week, major creditors immediately appeared
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The information that Ms. Nguyen Thi Nhu Loan - general director of Quoc Cuong Gia Lai Joint Stock Company (QCG), Cuong Do La's mother, was detained is receiving great public attention. In business, she is decisive, even "screaming fire".
Remember in 2023, during a meeting, she almost kicked shareholders out of the hall, causing a stir in the business world for a while.
Specifically, a shareholder who owns 81,000 QCG shares commented: "Last year's congress issued a resolution to reward shareholders with shares in the third or fourth quarter, but the company did not implement it and remained silent. The Board of Directors There should also be an apology to the shareholders. Ms. Loan may own many shares, but if she is a shareholder, she must make an announcement stating the reason the person who published the information, even fired him from his job."
CEO Nguyen Thi Nhu Loan said that maybe shareholders were late and had not read the meeting documents posted on We as well as distributed at the meeting. The documents clearly stated the reason why the Company has not paid 2021 dividends yet. core.
However, shareholders still disagree because they believe that information must be announced before shareholders attend the meeting, specifically before December 31, 2022.
"This information is decided by the State Securities Commission, not by the Board of Directors or the Board of Directors. On December 31, 2022, the State Securities Commission has not answered how to announce it. I am submitting the documents and have to wait for the State Securities Commission to respond specifically with document," Ms. Loan replied.
Shareholders continued to express their opinion: "If by December 31, 2022 - the deadline for paying dividends according to the resolution, we cannot implement it, we must issue a notice because the State Securities Commission has not yet responded or approved it, so we will cannot be released in the fourth quarter".
Shareholders requested that if there is no final conclusive information, the information must be disclosed, while there is no notification for shareholders on the Web.
Ms. Nhu Loan said that because the State Securities Commission has not responded, QCG has no information to announce. According to the CEO: "If it is announced like this but the State Securities Commission decides differently, it will be announced too much and "Web" will not produce anything."
Shareholders who continue to comment can announce that "waiting for a response from the State Securities Commission", so shareholders are upset and think that QCG does not respect the Company's shareholders.
After a tense moment, Ms. Nhu Loan replied: "I have no responsibility to do that. If you still have questions, I will ask you to leave." The Company later acknowledged that it would learn from this experience.
Recently, Ms. Nguyen Thi Nhu Loan was prosecuted and temporarily detained for violating regulations on management and use of State assets causing loss and waste as prescribed in Clause 3, Article 219 of the Penal Code, causing People in the world expressed their condolences for her. Because, this rich woman's journey to success came from a rather unexpected turn.
Ms. Nguyen Thi Nhu Loan is known as the founder of Quoc Cuong Private Enterprise in 1994 (later renamed Quoc Cuong Gia Lai Joint Stock Company) with main activities of producing and trading wood for export.
Even though she was born in the martial arts land of Binh Dinh (her original hometown is Phu Yen), this 64-year-old woman has an affinity with the image of the sunny and windy Central Highlands. Right from her childhood, Ms. Loan soon nurtured her desire to do business, instead of choosing an education path. After graduating from high school, Ms. Loan did not go to college and immediately started a business. However, in the life and career-building journey of this female tycoon, she "never once attended university".
With her acumen, Ms. Loan realized the potential of the wood and carpentry industry in Gia Lai, so she and a friend contributed capital and established a wood production and processing workshop for export. Gradually, she entered the real estate industry. The sublimation of real estate helped Ms. Nguyen Thi Nhu Loan's name "promote" and brought Quoc Cuong Gia Lai to a new position in the world.
After equitization, Ms. Loan spent 13 years as Chairman of the Board of Directors and General Director of Quoc Cuong Gia Lai Joint Stock Company to steer this enterprise to growth. Later, according to regulations, Ms. Loan only held the position of General Director of Quoc Cuong Gia Lai Joint Stock Company.
Thanks to the strong promotion of the real estate sector, Quoc Cuong Gia Lai quickly became the name dominating the market. Ms. Nguyen Thi Nhu Loan from a wood merchant became one of the famous real estate tycoons with huge profits achieved by the company.
Businesswoman Nguyen Thi Nhu Loan has been named many times in the list of the richest people on the Vietnamese stock exchange. For example, in 2011, Nguyen Thi Nhu Loan was honored to be on the list of 100 people honored as "typical Vietnamese businesswomen" and received the "Golden Rose" trophy. Besides, she also appears in the 15 richest people in Vietnam.
According to the current update, the number of shares on the stock exchange that Ms. Loan holds is equivalent to 924.4 billion VND. Currently, Ms. Loan is ranked 43rd in the list of 50 richest businesswomen on the Vietnamese stock exchange and 134th in the top 200 CEOs with the largest assets on the stock exchange.
Cuong Dola, on behalf of his biological mother, to pay off his trillion-dollar debt, suddenly mentioned Ms. Truong My Lan Minh Lợi14:52:32 31/07/2024Quoc Cuong Gia Lai Joint Stock Company (Quoc Cuong Gia Lai) held its annual General Meeting of Shareholders (AGM) in 2024. Cuong Dola replaced his mother to find the source of m.oney to repay debt, and at the same time mentioned Ms. Truong My Lan.
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