TTC Land strengthens its management staff and prepares strategic resources for 2025, with a vision for 2030

With the goal of 2025, with a vision to 2030, besides the main field of civil real estate development, Saigon Thuong Tin Real Estate Joint Stock Company (TTC Land, code SCR) is increasing resources with a lot of experience and market knowledge to prioritize the development of industrial real estate and logistics real estate. This will be a resonance for TTC Land to develop stably and sustainably if there is a feasible opportunity and the most favorable market situation.

During the period when Ms. Huynh Bich Ngoc held the position of Chairman of the Board of Directors, TTC Land signed a memorandum of understanding with AeonMall Vietnam to cooperate in leasing a total commercial block at the TTC Plaza Da Nang project, thereby providing more products and services to the local community.

According to TTC Land, the change in a series of senior personnel is said to supplement and strengthen human resources with strengths in line with the 2024 orientation as well as the future development strategy. More specifically, with a view to 2030, under favorable conditions, TTC Land will develop the industrial and logistics real estate segments in the southern market. This will be the foundation that contributes to helping TTC Land continue to expand and develop according to the strategic cycle stably and sustainably in the context that many businesses are interested in Vietnam as a new destination to expand production.

Because of that, sharing the reason for the upcoming change of senior personnel, Ms. Huynh Bich Ngoc said that she is an entrepreneur with 45 years of experience in the market, but she is always constantly learning and applying new things. In particular, she is very supportive of the creativity, enthusiasm and thinking of young people. Every company must have a transition period and also have advantages and challenges. "At this stage, to realize the goal according to TTC Land's new strategy is that if there is a feasible and favorable opportunity to expand industrial real estate and logistics, I think that prioritizing seasoned, market-savvy human resources for management executive is the right thing. Of course, as Standing Vice Chairman and General Director of TTC Group, I will still support the new leadership team at a macro perspective. TTC Land is currently a member of the TTC Group ecosystem," she affirmed.

In the reports on the dismissal, change of number and election of additional members of the Board of Directors to be submitted to the Annual General Meeting of Shareholders for the fiscal year 2023, TTC Land plans to reduce the number of members of the Board of Directors from 6 to 5 people. Accordingly, TTC Land announced the list of 2 candidates nominated by the group of shareholders for the position of new members of the Board of Directors, Mr. Le Quang Vu and Mr. Pham Trung Kien.

Thus, the Annual General Meeting of Shareholders for the fiscal year 2023 TTC Land will elect 2 more personnel to the Board of Directors in this period, along with 3 existing members of the Board of Directors including Mr. Dang Hong Anh who is currently Vice Chairman of the Board of Directors, Mr. Vo Quoc Khanh - Member of the Board of Directors General Director and Mr. Nguyen Thanh Chuong - Independent Member of the Board of Directors.

Regarding the current senior human resources, among the members of the Board of Directors, it is worth mentioning Mr. Nguyen Thanh Chuong, an Independent Member of the Board of Directors of TTC Land since June 29, 2020.

Born in 1978, Mr. Nguyen Thanh Chuong has nearly 20 years of experience in the field of industrial park real estate and residential development. It is known that up to the time of his resignation, Mr. Chuong is simultaneously held the following positions: General Director of an industrial park with a scale of more than 1,000 hectares. This unit has entered the "Top 10 Most Potential Industrial Park Real Estate Projects in 2024" after passing strict voting criteria; The Chairman of the Board of Directors of an industrial real estate company has received an investment certificate to expand nearly 72 hectares of industrial park land in the 1st quarter of 2023.

Mr. Nguyen Thanh Chuong - a seasoned senior employee in the field of industrial real estate.

Regarding Mr. Le Quang Vu and Mr. Pham Trung Kien, 2 candidates nominated by the group of shareholders for the position of new members of the Board of Directors of TTC Land, these are seasoned personnel with experience in management and administration in the field of project law and audit.

Mr. Le Quang Vu was born in 1982, with a Master's degree, specializing in civil engineering. Mr. Vu joined TTC in 2015. Previously, he held important positions at companies such as Kajima Over Seas Asia, Kumho E&C, Vinata,... and is currently the Deputy General Director of an industrial park joint stock company, in charge of project legality, operation and provision of services for investors in the industrial park. Mr. Vu was appointed as a member of the Board of Directors, expected to strengthen the legal promotion of the project.

Also born in 1982, Mr. Pham Trung Kien has a bachelor's degree in economics, currently an internal auditor at Thanh Thanh Cong Investment Joint Stock Company. Mr. Kien started working at TTC Group in 2011, has held many important positions related to control, including Head of the Supervisory Board of Bien Hoa Sugar Joint Stock Company, Member of the Supervisory Board of Thanh Thanh Cong Tay Ninh Sugar Joint Stock Company, not to mention the positions of Director of Corporate Governance Consulting, head of the audit team at other enterprises.

In addition to the members of the Board of Directors and the list of new nominees, related to senior personnel, on March 6, 2024, TTC Land announced the appointment of Ms. Dinh Thi Ngoc Trang to hold the position of Deputy General Director. Ms. Trang graduated from Ho Chi Minh City University of Economics.HCM. Before joining TTC Group, Ms. Trang used to hold important positions at companies in the field of production and trading such as Khai Toan Joint Stock Company (Comec), Kinh Do Joint Stock Company (code KDC),... In July 2011, Ms. Trang officially joined TTC Group.

For more than 12 years, Ms. Trang has been in charge of finance in the industrial real estate and logistics segment of the Group. With strengths in finance and logistics, most recently, Ms. Trang has successfully arranged an M&A of nearly 30 hectares of warehouses/factories in Binh Duong with an arrangement value of VND 1,500 billion. Currently, she is holding the title of Deputy General Director of Finance of a prestigious logistics company in the market with more than 15 years of experience in the field of warehouses/yards and factories. In particular, the company is a strategic partner providing mortgage management services for banks. Ms. Trang is considered to be an effective arm contributing to the implementation of TTC Land's strategic orientation.

Previously, on February 5, 2024, TTC Land also appointed Mr. Vo Thanh Lam to take on the position of Deputy General Director of the company. Mr. Lam joined TTC Land in 2021 as Director of Project Investment Division. With a Master of Business Administration, Mr. Lam has held many management and executive positions at companies specializing in construction and real estate, contributing to certain successes.

Oriented to 2024, TTC Land will focus on sales and research on business strategies for key projects such as TTC Plaza Da Nang, Panomax River Villas, Selavia Phu Quoc ... ; Research and implement innovative forms of sales, in line with market tastes, to expand customer access; For the commercial floor leasing segment and building operation management, continue to take care of the existing customer system, and at the same time look for new customers, improve the occupancy rate.


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