Billionaire Trinh Van Quyet and his wife mortgaged trillions of assets at banks before being arrested

Owning trillions of assets on the stock exchange, but billionaire Trinh Van Quyet and his wife also have large mortgages in shares at banks.

Billionaire Trinh Van Quyet's fortune recorded a sharp decrease in the last session on March 28 when the Vinh Phuc billionaire was blown away by more than 234 billion dong.

Specifically, with the ownership of 215.4 million FLC shares, equivalent to 30.34% of the group's capital. According to the market price of the amount of FLC shares that Mr. Quyet is holding, it is only over 2,929 billion VND, losing more than 215 billion VND compared to the closing price of the trading session on March 27.

Mr. Quyet is still directly holding nearly 3.2 million shares of ART, at market price this asset has also been reduced to nearly 32 billion dong.

According to the report as of December 31, 2020, the Chairman of FLC owned 23.7 million ROS shares, equivalent to 4.17% of capital. If this ownership ratio r.emains the same, the Vinh Phuc businessman's assets at ROS are worth about 208 billion VND.

Another big investment is in the GAB code of FLC Mining Investment and Asset Management. Here, Mr. Quyet holds more than 7.6 million shares (equivalent to 51.1% of capital). The market value of this block is more than 1,495 billion dong. This is also the only stock code of Mr. Quyet that was not discounted in the trading session on March 28.

Calculating at the market price at the end of the trading session on March 28, the assets owned by the Vinh Phuc businessman decreased to more than VND 4,665 billion. This number makes the giant fall out of the top 40 richest people on the Vietnamese stock exchange.

In addition to assets of more than 4,665 billion dong owned by companies listed on the stock exchange. Billionaire Trinh Van Quyet also owns a large fortune in unlisted businesses.

Billionaire Trinh Van Quyet and his wife brought nearly 965 million shares in their businesses as collateral for loans at banks.

Accordingly, as of June 1, 2021, billionaire Vinh Phuc owns 56.5% of shares of Tre Viet Aviation Joint Stock Company (Bamboo Airways). On September 9, 2021, Bamboo Airways increased its charter capital from VND 16,000 billion to VND 18,500 billion and if it continues to maintain the same ownership ratio at Bamboo Airways as the data announced in June 2021. The capital contribution of billionaire Trinh Van Quyet in this business will be worth more than 10,425 billion VND.

Along with that, at the end of 2020, billionaire Trinh Van Quyet also owns 52.49% of the capital of FLC Homes, an enterprise with a charter capital of VND 4,160 billion. If he still holds the ownership rate at FLC Homes, the Vinh Phuc billionaire's capital contribution to this business will also amount to more than 2,000 billion VND.

Owning a fortune many people dream of, but according to information published by the National Register of Secured Transactions of the Ministry of Justice, billionaire Trinh Van Quyet and his wife, Le Thi Ngoc Diep, also have a lot of m.oney. large mortgages at banks.

Billionaire Trinh Van Quyet's big bank mortgages are the mortgage of 114.3 million shares of Tre Viet Aviation Joint Stock Company at Saigon Thuong Tin Commercial Bank, Hanoi branch. At par value, the collateral of this loan is VND 1,143 billion.

The Vinh Phuc businessman and his wife are also mortgaging 114.5 million shares of Tre Viet Aviation Joint Stock Company at Saigon Thuong Tin Commercial Bank in the Capital branch. At par value, this collateral is worth 1,145 billion VND.

Mr. Trinh Van Quyet and Ms. Le Thi Ngoc Diep also mortgaged 92 million shares of Tre Viet Aviation Joint Stock Company at Ho Chi Minh City Saigon Thuong Tin Bank, Quang Ninh branch. The face value of this mortgage is VND 920 billion.

Another large mortgage of Mr. Trinh Van Quyet is the mortgage of 57.5 million shares of Tre Viet Aviation Joint Stock Company at Saigon Thuong Tin Commercial Joint Stock Bank, Hanoi Branch. Calculated at par value of collateral assets worth 575 billion dong.

According to statistics from the National Register of Secured Transactions under the Ministry of Justice, billionaire Trinh Van Quyet and his wife Le Thi Ngoc Diep have a total of 55 transactions of collateral at many banks. different.

Accordingly, the billionaire born in 1975 from Vinh Phuc and his wife brought more than 1.044 billion shares in the businesses they own as collateral for loans at banks.

At face value, the collateral assets of billionaire Trinh Van Quyet and his wife for loans at banks from December 25, 2017 to January 10, 2022 are worth more than VND 10,440 billion.

Trinh Van Quyet's arrest: FLC's biggest creditor spoke up, investors rushed to sell their F shares but failed Rosé14:45:20 30/03/2022Although the arrest of a key leader of the business is bad news, the operation of FLC is currently quite good. On March 29, the Investigation Police Agency of the Ministry of Public Security issued a decision to prosecute the case, prosecute the accused and arrest Mr. Trinh Van...