Novaland Plans Capital Contribution and Equity Transfer in Subsidiary

Novaland plans to leverage its shares in two subsidiaries to contribute capital to Mega House Co., Ltd., boosting its investment to over VND 5,412.8 billion. Following this, the company intends to transfer its entire stake in the venture.

0
23

No Va Real Estate Investment Corporation (Novaland, Stock Code: NVL, HoSE) has announced a resolution to utilize 47.06% of its shares in No Va Real Estate Investment Corporation and 99.99% of shares in An Phat Real Estate Investment and Development Corporation as capital contributions to Mega Home LLC.

Novaland aims to restructure its investment portfolio and optimize its capital structure through this capital contribution plan. An independent valuation firm will assess the assets before the contribution process begins.

Illustrative image

Upon completion of the capital contribution, Novaland will no longer hold any equity in An Phat Real Estate. Conversely, Novaland’s total capital contribution in Mega Home LLC will increase from approximately VND 212 billion to over VND 5,412.8 billion, equivalent to a 99.9% ownership stake.

In parallel with the capital contribution plan, Novaland has also approved the transfer of its entire VND 5,412.8 billion capital contribution in Mega Home LLC. This move aims to restructure the investment portfolio once a suitable investor and market conditions are identified. An independent valuation firm will be hired to determine the transfer price.

If the transfer is completed, Novaland will no longer hold any equity in Mega Home LLC.

Established in September 2013, Mega Home LLC specializes in real estate trading, land use rights ownership, and leasing. Its headquarters are located at the Sunrise City North Commercial and Residential Complex, Lot X, 27 Nguyen Huu Tho Street, Tan Hung Ward, Ho Chi Minh City.

As of the latest update on November 14, 2025, Mega Home LLC’s charter capital stands at VND 215 billion. Novaland contributes approximately VND 212 billion (98.604% ownership), Mr. Nguyen Ngoc Tuan contributes VND 2 million (0.001%), and Mr. Nguyen Huu Duy contributes VND 3 billion (1.395%).

As of the same date, 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 LLC.

In other developments, Novaland will finalize its shareholder list on December 4, 2025, to seek written shareholder approval for a convertible bond issuance plan. The written consultation period is scheduled from December 18 to December 28, 2025.

You may also like

Móng Cái Real Estate: The Ultimate Investment Destination

As Hanoi and other central urban areas grapple with overburdened infrastructure, rapid population growth, and shrinking land availability, real estate prices continue to soar. Consequently, investment capital is increasingly shifting toward promising provinces, with Mong Cai emerging as a standout destination.

Dong Nai Eyes Trillions in Revenue from Auction of Six Prime Land Plots

Spanning nearly 52 hectares, prime parcels within Bien Hoa 1 Industrial Zone, high-rise residential complexes in Tam Hiep and Tran Bien wards, residential areas No. 8 and No. 11, and a mixed-use commercial center with residential rights in Dau Giay commune will be auctioned by Dong Nai province before year-end.

Unveiling the Heart of ESG++ Vinhomes Green Paradise: Anticipation Builds for the Grand Reveal

Experience the ultimate in luxury living at Vinhomes Green Paradise, where The Heaven Bay (Vịnh Tiên) sets a new standard for exclusivity. With the highest density of ultra-convenient amenities in the community, this upcoming phase offers an unparalleled lifestyle. Starting at just 13 billion VND per townhouse (excluding taxes and maintenance fees), The Heaven Bay has already created a buzz in the market, promising an exceptional investment opportunity.

Novaland Unlocks “Money Harvesting” Mode: Is a $22 Billion Revenue Surge on the Horizon?

In the period from 2025 to 2030, securities firms project that Novaland will deliver approximately 40,800 units, generating over 513 trillion VND in revenue.

Centa Riverside Villa: Seize the Infrastructure Wave in Northeast Hanoi

Amidst the robust infrastructure wave sweeping across Northeast Hanoi, Centa Riverside emerges as a frontrunner in green living and lucrative investment potential, anchored by its enduring pillars of value: prime location and infrastructure, authentic community and amenities, future-proof worth, and fully compliant legal framework.