On May 20, 2025, the Board of Directors of BCG Land Joint Stock Company (Stock Code: BCR) approved the resignation of three board members: Mr. Nguyen Thanh Hung, Mr. Vu Xuan Chien, and Mr. Ng Wee Siong, Leonard.
At the end of January 2025, the Board comprised 11 members, but now only three remain: Chairman Tan Bo Quan, Board member Bui Thien Phuong Dong, and Ms. Huynh Thi Kim Tuyen (who has been prosecuted).
The Deputy General Director, Mr. Ho Viet Thuy, has also submitted his resignation.
BCG Land primarily operates in the field of infrastructure real estate and is one of the subsidiaries of the Bamboo Capital Group.
The Bamboo Capital ecosystem has been in crisis since the news broke about the prosecution of former Chairman, Mr. Nguyen Ho Nam, in early March 2025.
Regarding BCG Land, the company has recently undergone frequent changes in its senior management positions.
On February 28, the company received a notification from the competent authority regarding the prosecution of Ms. Huynh Thi Kim Tuyen, Vice Chairman of the Board of Directors, and Mr. Le Nong, Deputy General Director. Immediately afterward, the company announced the dismissal of Mr. Nguyen Thanh Tung, CEO, to focus on his role as Vice Chairman of the Board; along with Mr. Pham Dai Nghia, Mr. Le Nong, and Ms. Le Nguyen Phuong Thao, who left per their personal requests.
Regarding the position of General Director, Mr. Nguyen Hoang Tien was appointed as the new General Director on March 20, 2025, replacing Mr. Nguyen Thanh Hung. Prior to this role, Mr. Tien served as Deputy General Director from March 3, 2025.
As for the position of Deputy General Director, Mr. Ho Viet Thuy was appointed on March 20, 2025, replacing Mr. Pham Dai Nghia.
Along with the resignations, the company’s leadership also sold BCR shares simultaneously.
In the stock market, during the trading session on May 22, 2025, BCR shares decreased by 4.35% compared to the previous day, reaching VND 2,200/share.
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