Specifically, three enterprises will join KSF in the transfer, including Dynamic Innovation Company Limited (DIC) – a subsidiary of KSF, Sao Anh Duong JSC, and Vinaminco Khanh Hoa JSC.
Mr. Nguyen Thanh Hung – Deputy General Director and Mr. Ho Duc Viet – Chief Accountant of KSF are both Deputy General Directors of DIC.
Mr. Do Van Truong – Member of the Board of Directors of KSF, is Chairman of the Board of Management and General Director of Sao Anh Duong JSC. This is a subsidiary of Sunshine Homes Development JSC (SSH) – a company with the same management and major shareholder, Mr. Do Anh Tuan – Chairman of the Board of Directors of KSF and Vice Chairman of SSH.
Back to the transfer deal, the purpose of the transaction is for the transferees to acquire 100% of the shares of Thanh Xuan Company, through which they will invest and implement 54.99ha/198.4ha of the eco-urban garden project in Van Giang town, Van Giang district, Hung Yen province, developed by Xuan Cau Holdings JSC.
Alluvia City project perspective. Source: Xuan Cau Holdings
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Thanh Xuan Company was established in July 2016. Its main business lines include export and import activities. With a charter capital of VND 30 billion, the company was founded by three shareholders, including Ms. Do Thi Hieu (70%), Mr. Nguyen Si Bac (15%), and Ms. Tran Thi Lien (15%), who also served as the General Director and legal representative. In November 2019, the position of General Director and legal representative was transferred from Ms. Lien to Mr. Quan Trong Hung.
The largest shareholder of Thanh Xuan Company is Ms. Hieu, who is also the Chairman of the Board of Directors of Construction Material Corporation No.1 JSC (FIC). One of the two major shareholders of FIC is Xuan Cau Investment JSC.
The 198-hectare project in Van Giang is branded as Alluvia City by Xuan Cau Holdings. The project is adjacent to Ring Road 3.5 and located in an area with rapidly developing urban infrastructure and proximity to large urban areas such as Ecopark and Vinhome Ocean Park 1, 2, and 3. It takes only about 30 minutes to reach Ngã Tư Sở and Ngã Tư Vọng in Hanoi via the elevated Ring Road 2.
Alluvia City spans nearly 200 hectares and is developed in three phases with a total investment of over VND 31 trillion. On March 8, 2025, the project was officially inaugurated.
– 17:41 31/05/2025
