Tan Hoang Minh finally found a partner to sell properties, arrange financial resources to pay for customers
In which, Tan Hoang Minh affirmed that he is trying his best to maintain and restore the operation of businesses, and is also taking measures to overcome the consequences, in order to properly fulfill the commitment to the goal. pay back all investment amounts to customers, specifically:
Mr. Do Hoang Minh, Deputy General Director, authorized representative of THM Group, sent an application on April 8 and 12 to the Investigative Police Agency of the Ministry of Public Security, requesting to remove obstacles. arising from the above incident, including the change of the legal representative of the Group and the Company as the bond issuer, completing the necessary authorization documents to ensure the legal basis. management in the management and administration of related companies in accordance with the provisions of the Enterprise Law 2020.
In addition, THM Group also sent an official dispatch to the State Securities Commission, requesting specific instructions on the order, procedures, and time limit for withdrawing issued bonds and refunding money to customers.
The company reaffirms that it is trying to ensure production and business activities, and at the same time implement appropriate financial plans. Most importantly, the company said, it is actively looking for partners to promptly sell authorized properties and arrange financing to return customers’ funds as soon as possible.
Finally, THM hopes to receive sympathy from customers due to legal problems in the context of the new case at the initial investigation stage, THM needs to wait for the opinions of the authorities, resulting in not being able to refund to the customer. The company commits to soon come up with a payment schedule in line with the guidance of State agencies and legal regulations.
Previously, on April 5, the Investigative Police Agency of the Ministry of Public Security issued a decision to prosecute the accused and execute a detention order for Mr. Do Anh Dung – Chairman of the Board of Directors and General Director of Tan Hoang Group. Minh and 6 accomplices to investigate the crime of “fraudulent appropriation of property” occurred at Tan Hoang Minh Group.
The investigative agency of the Ministry of Public Security determined that Mr. Do Anh Dung and individuals at Tan Hoang Minh Group had committed fraudulent acts, using member companies to issue 9 bonds in contravention of the law. total value of 10,300 billion dong, to raise money from investors but not to use it for business activities according to bond issuance documents.
Previously, from the afternoon of April 4, the State Securities Commission announced the cancellation of 9 bond offerings of enterprises of Tan Hoang Minh Group. Accordingly, 3 member companies of Tan Hoang Minh Group, including Viet Star Real Estate Investment Co., Ltd., Winter Palace Joint Stock Company and Soleil Hotel Services and Investment Joint Stock Company. conducted 9 separate bond offerings to raise capital with a total value of VND 10,030 billion from July 2021 to March 2022.
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at Blogtuan.info – Source: cafebiz.vn – Read the original article here
