Loc Troi Group Joint Stock Company (Stock Code: LTG, UPCoM) has recently announced several Board of Directors resolutions regarding the appointment and dismissal of key personnel.
Effective January 12, 2026, Mr. Tran Khanh Du (born 1981) has been appointed as the new Chief Executive Officer (CEO). Prior to this promotion, Mr. Du served as the Director of Operations.
Simultaneously, Mr. Bui Quang Phu has been appointed as the Chief Financial Officer (CFO), also effective January 12, 2026. His duties, authority, and responsibilities will align with the company’s assignments and comply with existing regulations and legal requirements.
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Conversely, the company has relieved Mr. Nguyen Tan Hoang of his duties as CEO, effective 4:00 PM on January 12, 2026.
Mr. Hoang previously served as the Chief Accountant of Loc Troi from September 1, 2015, until October 16, 2024, when he was appointed as CEO, succeeding Mr. Nguyen Duy Thuan.
In other personnel news, Loc Troi Group has announced the resignation of Mr. Vu Thanh Tung from his position as a member of the Board of Supervisors. Mr. Tung cited personal reasons for his decision, and his resignation will take effect upon approval by the next General Meeting of Shareholders.
Additionally, in early November 2025, the Board of Directors approved a transaction between the company and related parties. Loc Troi Group plans to borrow VND 200 billion from Loc Troi Agricultural Products JSC and VND 50 billion from Loc Troi Seed JSC.
These loans have a one-year term with an interest rate of 5.5% per annum. The funds will support production and business activities, as detailed in the respective promissory notes.
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