The petroleum “boss” of the Central region, the mother of the “diamond giant” Chu Dang Khoa
According to a report by the Tax Department of Nghe An province, in 2021, the Thien Minh Duc Group Joint Stock Company is the highest taxpayer in the province with VND 1.820 billion, almost twice as high as the 2nd ranked company, Oil Company. Nghe An with 941 billion VND.
Thien Minh Duc Group Joint Stock Company was founded in 2001, the latest rental capital was VND 1,455 billion (updated according to the amended business registration on 18 October 2021). The legal representative is the Chairman of the Board of Directors, Ms. Chu Thi Thanh – a famous Nghe An businesswoman born in 1960.
The founding shareholder structure of TMD includes Ms. Chu Thi Thanh holding 68.25% shares, Mr. Chu Dang Khoa (Mrs. Thanh’s son) holding 31.65% shares and Mr. Vuong Dinh Quan holding 0.1% shares.
TMD Group operates in multi-industry and multi-field business at home and abroad. The company’s main business is petroleum and liquefied petroleum gas. In addition, TMD Group is the owner of the DKC Shipping brand, owns the subsidiary Trung Long Company and the Thien Phu paper and packaging factory that produces paper, packaging, hotel services, restaurants, shops, amusement parks,…
The petroleum sector is an important pillar that has made the name of TMD Group, the company is a large-scale import and export center for petroleum and liquefied petroleum gas in the North Central region. With a distribution system of 100 gasoline and oil retail agents under the DKC Petro brand and around 100 direct purchasing units for national distribution, a seaport system and warehouses in the three regions of North, Central and South China.
In 2019, TMD Group carried out the DKC oil depot project in Nghi Thiet commune, Nghi Loc district, Nghe An province. The project is considered to be the largest petroleum depot in the North Central region. The total investment of the DKC oil depot is about 1,400 billion VND.
DKC oil depot in Nghi Thiet commune, Nghi Loc district, Nghe An province – Photo on TMD company website.
At the end of November 2020, TMD Group held a signing ceremony and kick off the Seed and High Technology Center – DKC project. This project is a Division 1 High-Tech Forestry Park in North Central region, covering an area of 618 hectares located in Nghi Lam commune, Nghi Loc district, Nghe An province.
Signing ceremony and groundbreaking of high-tech seed and technology TT project – Photo on TMD perusahaan company website
When the oil industry owner in Nghe An shook hands with the plastic industry owner Ha Thanh
Mr Bui To Minh is known as a silent giant in the plastics industry, owning 2 well-known corporate brands in the market: Plastic Chemicals Corporation JSC (abbreviated: Plaschem) and the 5-star Silk Path hotel system.
In June 2020, Ha Nam Industrial Park Infrastructure Development and Investment Joint Stock Company (Ha Nam Industrial Park) was established, headquartered in the expanded Dong Van I Industrial Zone (towards National Highway 38), Ha Nam province.
Where, JSC Plastic Chemical Group (Plaschem) from Mr. Bui To Minh contributed 225 billion VND, owning 45% of the rental capital. Meanwhile, TMD Group and Mr. Chu Dang Khoa (Mrs. Thanh’s son) contributed a total of VND 250 billion, owning 50% of the rental capital. Chu Thi Thanh also serves as Chairman of the Board of Directors of Ha Nam Industrial Park Company.
Then, in July 2020, Ms. Thanh was appointed Director General of Silk Path Golf Course JSC. The company was founded in September 2018, also registered its head office in Dong Van I Industrial Park, initially with a capital scale of VND 100 billion and 100% capital contribution by the Plaschem group. Updating the business registration on 2/2022, the company has increased the rental capital to 650 billion dong.
On October 24, 2021, the People’s Committee of Dong Trieu city, Quang Ninh province and the JSC Silk Path Golf Course held a groundbreaking ceremony for the 130-hectare Silk Path Dong Trieu golf course project. The Silk Path Dong Trieu golf course is planned for nearly 130 hectares with scale: an 18 hole Championship course, a 9 hole short course integrated with a golf training academy.
Ambition to “conquer” the renewable energy market
In 2020, Mien Trung MK Solar Joint Stock Company has been authorized by the Ha Tinh Provincial People’s Committee to conduct surveys, research to establish investment projects to build the Ky Anh wind power plant project in areas on land. Ky Khang and Ky Phu Communes. The project has a project scale of about 2,800 hectares and a total investment of more than 16,200 billion VND.
The Mien Trung MK Solar Power Joint Stock Company has a leasing capital of 750 billion VND (according to the updated business registration on 4 October 2021), the chairman of the Board of Directors is Ms. Chu Thi Thanh. The company’s three main shareholders are Plaschem of the Bui To Minh giant, accounting for 40% of the lease capital, the Thien Minh Duc Group Joint Stock Company with 45% of the lease capital and Mr. Chu Dang Khoa (Mrs Thanh’s son) contributed 5% of the authorized capital.
Following the Ky Anh wind power project, recently, Nghe An province announced its approval of the investment policy of two solar power projects with a total investment of 7,800 billion VND, with a capacity of 450 MWp deployed in the lake surface area. Luu District and Hoang Mai city, Nghe An.
Two projects by Khe Go MK Solar Power JSC (Khe Go MK) and Vuc Mau MK Lake Solar Power Investment JSC (Vuc Mau MK) with a scale of VND 4,100 billion (250 MW) and VND 3,700 billion, respectively. 200MW). After completing the first step assessment of the legal documents on capacity and land use status, the two projects will complete the second step and be installed in January 2023. By December 2023, it is expected to be commercially activated and put into operation.
Both Khe Go MK and Vuc Mau VK are subsidiaries of the Central Solar Power Joint Stock Company – this company was born out of a “handshake” between Ms. Chu Thi Thanh and Mr. Bui To Minh. Thus, it can be seen the ambition to “conquer” the renewable energy market of businesswoman Nghe, as well as strategic and close cooperation in business with the plastic industry giant Hanoi.
“Our group is a multi-industrial enterprise with 20 years of establishment and development. As the son of our homeland, we want to invest, build and develop in Nghe An land with favorable points about sea port, aviation and traffic” – Entrepreneur Chu Thi Thanh – Group Chairman Thien Minh Duc
By Business and Marketing
at Blogtuan.info – Source: cafebiz.vn – Read the original article here