No Va Real Estate Investment Corporation (Novaland, Stock Code: NVL, HoSE) has announced the CEO’s decision to reduce its capital contribution in Nova Phuc Nguyen Real Estate Investment and Development LLC.
Specifically, Novaland will decrease its capital contribution in Nova Phuc Nguyen by nearly VND 300 billion. After the adjustment, Novaland’s stake in the company will drop from over VND 789.98 billion to more than VND 490.06 billion, maintaining a 99.97% ownership.
Established in March 2016, Nova Phuc Nguyen primarily engages in real estate trading, land use rights, and leasing.
As of July 26, 2024, Mr. Phan Ngoc Bao An (born 1979) serves as both the CEO and Legal Representative of Nova Phuc Nguyen.
Illustrative image
In addition to Nova Phuc Nguyen, Mr. An is also the Legal Representative of several other companies, including Nova Lexington Real Estate JSC, Nha Rong Trading and Investment JSC, Phuong Dong Tower JSC, and Nova Festival JSC.
Recently, Novaland approved the use of 47.06% of its shares in No Va Real Estate Investment Corporation and 99.99% of its shares in An Phat Real Estate Investment and Development JSC to contribute capital to Mega Home LLC.
This capital contribution aims to restructure Novaland’s investment portfolio and optimize its capital structure. An independent valuation firm will assess the assets before the contribution is finalized.
Upon completion, Novaland will no longer hold any capital in An Phat Real Estate. Conversely, its total capital contribution in Mega Home will increase from nearly VND 212 billion to over VND 5,412.8 billion, representing a 99.9% stake in the company’s charter capital.
Alongside the capital contribution plan, Novaland has also approved the transfer of its entire VND 5,412.8 billion stake in Mega Home to restructure its investment portfolio when suitable investors and market conditions are identified. An independent valuation firm will determine the transfer price.
If the transfer is completed, Novaland will no longer hold any capital in Mega Home.
Founded in September 2013, Mega Home LLC specializes in real estate trading, land use rights, and leasing.
Its headquarters are located at Sunrise City North, Lot X, 27 Nguyen Huu Tho Street, Tan Hung Ward, Ho Chi Minh City.
As of November 14, 2025, Mega Home’s charter capital stands at VND 215 billion. Novaland contributes nearly VND 212 billion (98.604%), Mr. Nguyen Ngoc Tuan contributes VND 2 million (0.001%), and Mr. Nguyen Huu Duy contributes VND 3 billion (1.395%).
Currently, Mr. Bui Dat Chuong (brother of Mr. Bui Thanh Nhon, Chairman of Novaland’s Board of Directors) serves as the Chairman of the Members’ Council and Legal Representative of Mega Home.
Commercial Townhouses: The Prime Asset for Investors
In today’s volatile economic landscape, investors are prioritizing assets that preserve value and generate consistent cash flow over short-term speculative ventures. Commercial townhouses emerge as a strategic investment, offering both stable rental income and appreciation potential driven by infrastructure development and population growth.
Sun Group’s Urban Complex Elevates Bai Chay as a Premier Destination, Says Real Estate Expert
“Upon completion, the Sun Elite City metropolis will play a pivotal role in transforming Bai Chay into a global tourism hub, with real estate poised to be the first sector to reap the benefits,” stated Dr. Nguyen Van Dinh, Vice Chairman of the Vietnam Real Estate Association.
Haiphong Allocates Over 8 Hectares of Prime Land to Winning Investor for Hai Duong Porcelain Factory Project
The People’s Committee of Hai Phong City has officially allocated land to Hai Duong Ceramic Real Estate Investment and Development JSC for the development of a residential project in the central area of Le Thanh Nghi Ward.
Exciting News for Novaland and Homebuyers: 10,500 Land Titles in Ho Chi Minh City Soon to Be Delivered, Multiple Projects Break Free from Stagnation
With decisive government leadership and proactive legal unblocking measures from the Ho Chi Minh City People’s Committee, Novaland is poised to resolve property ownership rights for over 10,500 households and reignite key projects during the 2025-2026 period.
Hue: A Livable Urban Area with Exceptional Growth Commitments, Leading Economic Potential
Amidst the recent floods in Hue City, Phu Xuan City emerged as the sole urban area to remain completely dry. Not only has it withstood the test of natural disasters, but the project has also finalized all legal procedures. The combination of its prime four-frontage location, superior construction quality, and robust legal framework has established Phu Xuan City as the most sustainable and strategic landmark in the market.
