Total Investment Development Construction Joint Stock Corporation (DIG-HOSE) announces the election of the Chairman of the Board of Directors, Legal Representative, and Authorized Person for Information Disclosure.

Accordingly, the DIG’s Board of Directors elected Mr. Nguyen Hung Cuong (born 1982) as Chairman of the Board and Legal Representative of the company for the term 2023 – 2027, replacing his late father, former Chairman Nguyen Thien Tuan.

On August 19, the company amended its business registration certificate accordingly.

At the same time, Ms. Nguyen Thi Thanh Huyen, Mr. Tuan’s daughter, continues as the Authorized Person for Information Disclosure of DIG.

According to the 2023 Annual Report, as of December 29, 2023, the company had 68,475 shareholders, with individual shareholders holding 93.93% and foreign shareholders 5.04%, including 4.77% held by institutions.

As of the same date, DIG’s major shareholders included Mr. Nguyen Thien Tuan, holding 7.68% of the charter capital, and Mr. Nguyen Hung Cuong, holding 10.16%.

Mr. Nguyen Hung Cuong holds a degree in Civil Engineering and a Master’s in Business Administration. His sister, Ms. Nguyen Thi Thanh Huyen, who holds a degree in Marketing Management, is the Vice Chairman of the Board.

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Source: VNEconomy

On August 12, DIG announced the passing of Mr. Nguyen Thien Tuan, Chairman of the Board and Legal Representative, on August 10.

Subsequently, the securities company sold more than 8.3 million pledged shares held by the Chairman, reducing their ownership from over 46.8 million shares (7.68%) to over 41.5 million shares (6.8% of charter capital). The transaction was executed on August 12.

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