The recorded value at the beginning of the year was over 49 billion VND, equivalent to a 30% interest rate. By the end of Q3, the ownership ratio had increased to 100%.
According to research, Lan Anh Real Estate Business Investment is registered in the field of real estate business, land use rights belonging to the owner, user, or leased; established in August 2019 in Thu Dau Mot City, Binh Duong Province. Originally named Lan Anh Real Estate Investment LLC, with a charter capital of 20 billion VND, contributed by Mr. Le Thien Xuan (90%) and Mr. Tuong The Tien (10%). In September 2020, the company increased its capital to 90 billion VND, maintaining the same ownership ratio.
In October 2024, the company’s legal representative changed to Mr. Hoang Van Dung, Chairman of the Board and Director. The list of capital contributors also shifted, with Mr. Dung and Mr. Hoang Van Su each holding 50%. A month later, the company raised its capital to 130 billion VND.
Mr. Thach Manh Sang
|
By the end of 2024, Linkgroup Real Estate JSC (represented by Mr. Thach Manh Sang) acquired 30%, reducing Mr. Su’s and Mr. Dung’s stakes to 35% each. By July this year, Linkgroup Real Estate became the sole owner of Lan Anh Real Estate.
Established in 2016, Linkgroup Real Estate has Mr. Thach Manh Sang as both a founding shareholder and CEO. With a charter capital of 194 billion VND, NAV JSC holds 79.93%, and Mr. Nguyen Van Bang holds 0.07%. The company increased its capital to 500 billion VND in 2019.
Currently, DXS is the parent company, holding 80.47% of Linkgroup Real Estate, while Dat Xanh Group JSC (HOSE: DXG) owns 59% of DXS.
Lan Anh Real Estate is the developer of the Lan Anh Residential Area project, covering 2.67 hectares with a population of 588 people and 147 adjacent houses. The project is located in Hoi Nghia Ward, Tan Uyen Town, Binh Duong Province.
 Project location
|
The land was acquired through a transaction with Mr. Le Thien Xuan in 2019. The total investment for the project is estimated at 221 billion VND, according to the 2022 EIA report published by the company. In November 2024, the developer mortgaged the project with Maritime Bank (MSB) – Long An Branch.
In the market, the project is known as Lan Anh Avenue. According to DXS, the first phase of 66 houses was launched in September, with a listed price of 3 billion VND per townhouse on the website https://datxanh.homes/.
 Project rendering
|
– 17:31 31/10/2025
Abandoned Prime Land in the Heart of Ho Chi Minh City: An Aerial Perspective
Nestled in the heart of Thu Dau Mot Ward, Ho Chi Minh City, this 24-hectare prime development site is strategically positioned at the crossroads of four major thoroughfares: Binh Duong Avenue (National Highway 13), Yersin Street, Thich Quang Duc Street, and Duong Vo Thanh Long Street. Surrounded by a bustling urban landscape, the area boasts unparalleled accessibility and a wealth of amenities, making it an ideal location for both residential and commercial ventures.
High-Speed Progress: Land Clearance for HCMC – Thu Dau Mot – Chon Thanh Expressway Accelerates
On the morning of October 22nd, Vice Chairman of the Ho Chi Minh City People’s Committee, Bùi Minh Thạnh, chaired a meeting to review the progress of public investment disbursement and land clearance for key projects and works across wards and communes in the Bình Dương area.
$3 Billion, 800-Hectare Industrial Park by Billionaire Tran Ba Duong in Ho Chi Minh City Shows Progress Three Months After Investment Approval
On September 29th, the People’s Committee of Ho Chi Minh City issued a decision approving the 1/2000 scale zoning plan for a specialized mechanical industrial park in Binh Co and Tan Uyen wards, Ho Chi Minh City.
Unveiling Ho Chi Minh City’s First Overpass on Ring Road 3 Crossing Urban Streets
The Ho Chi Minh City Ring Road 3 project, specifically the section passing through Binh Duong (formerly known as the old route), is accelerating its progress to meet the technical opening deadline in December. Among the four overpasses on this segment, the overpass crossing Nguyen Thi Minh Khai Street, part of the Construction Package 3 (XL3), has already taken shape.
RACING TO MEET THE 100-DAY DEADLINE: FINAL STRETCH FOR HO CHI MINH CITY’S RING ROAD 3 PROJECT
Experience the relentless dedication behind the 2025 technical completion of the Ring Road 3 project through Bình Dương. With a 100-day, round-the-clock effort, spanning three shifts, four crews, and working tirelessly through Tet and holidays, this monumental achievement sets a new standard in infrastructure excellence.
