Specifically, Mr. Tran Quoc Tuan – Chairman of the Board, and Mr. Do Van Tuan – CEO and Board member, have resigned from their positions for personal reasons on May 21st and May 16th, respectively.
Chairman Tran Quoc Tuan, born in 1971, also holds positions in several other companies, including CEO of Zone Viet Joint Stock Company, Chairman and CEO of VGO Group Joint Stock Company, and CEO of Quoc Bao Van Ninh Joint Stock Company.
On the other hand, CEO Do Van Tuan, born in 1993, started working at VMK in May 2019 as the Project Management Department Head. Mr. Do Van Tuan was appointed as CEO in March 2020 and became a Board member in August 2021.
Currently, the VMK Board comprises three members. If the resignations of the two gentlemen are approved, only one member will remain on the Board, Ms. Tran Thuy Loan, an independent Board member.
Joint Stock Company Vimarko was established in 2019 with a charter capital of VND 35 billion, mainly operating in the field of renewable energy, specifically solar power. In 2019, the Company deployed activities related to analysis, survey, research, and implementation of investment projects for rooftop solar power plants in Phu Yen and Lam Dong provinces. By the end of 2020, the Company’s rooftop solar power projects were completed, accepted, and officially put into operation. In addition, the Company also trades in steel.
According to the 2024 Annual Report, revenue from the Phu Yen and Lam Dong markets accounts for 20-25% of total net revenue. In the Northern market, steel trading activities recorded revenue of 74-79% of total revenue.
In 2024, the Company achieved net revenue of over VND 54 billion, an increase of 18.3% compared to the previous year. Profit after tax reached VND 6 billion, up 62%.
| Financial results of VMK |
In 2023, VMK issued shares to pay dividends, increasing its charter capital to VND 38.85 billion. VMK became a public company in August 2023 and was listed on the UPCoM exchange in January 2024. In early 2025, the Company offered to sell over 3.1 million shares to existing shareholders at a price of VND 10,000/share. After this offering, the Company’s charter capital increased to VND 70 billion.
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List of shareholders participating in the offering to existing shareholders of VMK in March 2025
Source: VMK
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– 10:53, May 22, 2025
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