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- Mr. Nguyen Quoc Cuong is the legal representative and CEO of Quoc Cuong Gia Lai Joint Stock Company.
- Mr. Nguyen Quoc Cuong is also the Chairman of the Board at C-Holdings.
In late July, Quoc Cuong Gia Lai Joint Stock Company (QCG) announced the resolution appointing Mr. Nguyen Quoc Cuong as the legal representative and CEO of the company.
Previously, Mr. Cuong’s mother, Ms. Nguyen Thi Nhu Loan, held these roles. On July 19, Ms. Loan was arrested and detained for investigation related to the project at 39 – 39B Ben Van Don, District 4, Ho Chi Minh City.
According to the management report of Quoc Cuong Gia Lai, at the end of 2023, Mr. Cuong held 537,500 shares, Ms. Nhu Loan (Mr. Cuong’s mother) held nearly 102 million shares, equivalent to 37% of the capital, and Ms. Nguyen Ngoc Huyen My (Ms. Loan’s daughter) owned nearly 39.4 million shares, or 14.3% of the capital.
Mr. Nguyen Quoc Cuong at a recent C-Holdings event in Binh Duong.
Mr. Nguyen Quoc Cuong used to be a member of the Board of Directors and Deputy General Director of QCG. By the end of 2018, he had resigned from these positions as the company faced business difficulties at that time.
Subsequently, Mr. Cuong established the Chau Nghia Quoc Cuong Joint Stock Company (C-Holdings), specializing in real estate project development in Binh Duong. He currently serves as the Chairman of the Board of this company.
Recently, Mr. Nguyen Quoc Cuong attended the launch event of C-Holdings’ new project in Binh Duong. At the event, he took the time to answer questions from customers, investors, and the media regarding the development strategies of the two companies he is concurrently managing.
“The two companies operate independently, and my role at QCG does not affect my separate company in Binh Duong”, NLD Online quoted Mr. Nguyen Quoc Cuong.
Mr. Nguyen Quoc Cuong’s C-Holdings Focuses on Real Estate Projects in Binh Duong
Regarding QCG, Mr. Cuong shared that the company held a shareholder meeting in late July, where financial information was disclosed, and shareholders and interested parties could access this information.
As for himself, having not been involved in the company’s operations for many years and not being a core member of QCG, he now needs time to reacquaint himself with the company and formulate strategies for the next phase.
At C-Holdings, Mr. Nguyen Quoc Cuong and his team focus on developing residential real estate projects in Binh Duong province. All activities are independent and have their own separate paths and strategies. During the company’s development, there have been no connections or constraints related to QCG.
C-Holdings focuses on developing residential real estate projects in Binh Duong province.
According to C-Holdings’ website, the company is currently working on the C-Sky View project, located in Thu Dau Mot City, Binh Duong province. It enjoys good connectivity to transportation and external utilities such as supermarkets, the new administrative center, and international schools.
C-Sky View was launched during the COVID-19 pandemic. The developer fulfilled their commitments, and within six months of delivering the houses to customers, they also provided the pink book (house ownership certificate).
Similarly, with The Maison project, Mr. Cuong shared that construction was completed in less than three years, and they are now preparing to hand over the houses to customers, following the same steps as with C-Sky View.
Currently, C-Holdings is embarking on its third project in Thuan An, Binh Duong. According to Mr. Nguyen Quoc Cuong, the Thuan An market offers the most affordable prices compared to the amenities and product quality.
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