Mr. Ho Minh Hoang, Chairman of the Board of Directors of Deo Ca Group was additionally elected to be an independent member of the Board of Directors of Hung Thinh Incons.

Mr. Ho Minh Hoang, Chairman of Deo Ca joined the Board of Directors of HTN after the signing ceremony of a strategic cooperation with Hung Thinh Corporation.

Hung Thinh Incons Joint Stock Company (code HTN) has just announced the resolution and minutes of vote counting of the General Meeting of Shareholders in writing. Accordingly, the company agreed to dismiss Mr. Ha Tan Minh from the position of independent member of the Board of Directors. At the same time, Mr. Ho Minh Hoang was additionally elected as an independent member of the Board of Directors of the company.


After the additional election, the Board of Directors has 6 members, including Mr. Nguyen Dinh Trung, Chairman; Mr. Truong Van Viet; Mr. Nguyen Van Cuong; Mr. Le Hong Viet; two independent members including Mr. Ho Minh Hoang and Mr. Khuat Tung Phong.

The just appointed independent member of the Board of Directors - Mr. Ho Minh Hoang is a familiar name in the transport infrastructure industry. Mr. Hoang is the Chairman of the Board of Directors of Deo Ca Group.


Up to now, Deo Ca has been participating in a series of key transport infrastructure projects of the country with total investment of more than VND 80,000 billion such as Trung Luong - My Thuan Expressway, Bac Giang - Lang Son Expressway, Deo Ca tunnel, expanding Hai Van tunnel ...


Earlier in early January, Deo Ca Group and Hung Thinh Corporation held a strategic cooperation signing ceremony, opening a big turning point for both Parties in accompanying together in the field of construction and investment in infrastructure development.


Specifically, two Parties will jointly study the master plan on transport infrastructure and urban development in the provinces and cities of Vietnam in order to promote the local economy, contributing to the development of urban transport nationwide; jointly research projects on climate change prevention, sustainable social development and prosperous communities.


Also in the above event, Deo Ca Group and Hung Thinh Incons - the general construction contractor of Hung Thinh Corporation signed a cooperation agreement for strategic direction development towards building sustainable growth strategy through expanding markets and industries from civil and industrial construction to infrastructure, transportation, basic building materials and new material technology.


To concretize the cooperation steps, Deo Ca Group will study to become a strategic shareholder of Hung Thinh Incons. Mr. Ho Minh Hoang, Chairman of Deo Ca Group, will stand for election to the Board of Directors of Hung Thinh Incons, thereby consulting on planning a new development strategy for the company to maximize the resources of two Parties, in addition to using highly qualified human resources of two Parties as well as technology in the construction field.


In addition, Deo Ca Group and HTN will cooperate to transfer technology as well as experience in construction and construction management, technology development in the fields of construction and infrastructure, step by step bring HTN to rise up globally. Two Parties will apply joint venture, associate, investment and construction of infrastructure projects and large-scale construction projects, at the same time, jointly expand the research of projects related to artificial building materials to meet the needs of the industry in the future.


According to the just released financial statements, in 2020, Hung Thinh Incons recorded net revenue of VND 4,552 billion, an increase of 23.7% over the same period, the cost price decreased, so the profit after tax was VND 376 billion, an increase of 101% compared to the year. In 2019, parent company recorded the profit after tax at over VND 362 billion, equivalent to EPS of VND 10,962.

 
By Nhip song doanh nghiep