(PLO)- The power struggle at Hoa Binh Construction Group has come to an end.
On February 27, the Board of Directors of Hoa Binh Construction Group issued a resolution approving the withdrawal of Mr. Le Viet Hai’s resignation from the position of Chairman of the Board of Directors (BOD) and as a member of the Board of Directors.
The Board of Directors agreed to cancel three resolutions including Resolutions 50, 51 and 53/2022, which were passed on December 14 and December 31, 2022.
Previously, Resolution 50 was to approve Mr. Le Viet Hai’s resignation from the position of Chairman of the Board of Directors from January 1, 2023. And Resolution 51 is to elect Mr. Nguyen Cong Phu to hold the position of Chairman of the Board of Directors on the day Mr. Hai leaves the position.
However, entering the new year of 2023, turbulence arose in Hoa Binh, causing the Board of Directors of this company to issue Resolution 53 to cancel the above two decisions.
In a report submitted to the Ho Chi Minh City Stock Exchange on February 14, Hoa Binh Construction Group has just issued a resolution approving the resignation of Mr. Nguyen Cong Phu from February 13.
In his resignation letter, Mr. Phu also authorized Mr. Le Viet Hai, Chairman of Hoa Binh to attend and vote at all meetings, and collect voting opinions in writing or in other forms of the Board of Directors.
Thus, it can be seen that the power struggle at Hoa Binh Construction Group has come to an end.
Hoa Binh’s Board of Directors also set a revenue target of VND 12,500 billion and profit after tax of VND 125 billion in 2023.
Why can’t interest rates drop quickly?
(PLO)- With inflation pressure still remaining and the forecast that the US Federal Reserve will continue to raise interest rates, it is difficult to loosen monetary policy right now.
PHUONG MINH