Tan Hoang Minh still does not have a roadmap to pay investors to buy bonds

Coporation, group Tan Hoang Minh has just issued notice No. 158/2022/TB-THM to customers about the implementation of their commitments and the goal of returning all of their investments, related to 9 canceled bond lots. This notice was signed by Mr. Do Hoang Minh – Deputy General Director.

According to the announcement, Tan Hoang Minh said that after the decision of the State Securities Commission on the cancellation of 9 lots of bonds, the group is making efforts to maintain and restore the operation of the business; at the same time, immediately take optimal measures to remedy the consequences, in order to fulfill the commitment and the goal of returning all investment amounts to customers.

The Tan Hoang Minh side said that Mr. Do Hoang Minh, Deputy General Director and authorized representative of this group sent an application to the Investigating Police Agency of the Ministry of Public Security on 8 and 12//// 4 propose to remove arising problems; including the change of the legal representative of the corporation and the companies that are the bond issuers; complete the necessary authorization documents to ensure the legal basis for the management and operation of related companies in accordance with the provisions of the Enterprise Law 2020.

At the same time, Tan Hoang Minh affirmed that the enterprise has issued Official Letter No. 156/2022/THM dated April 12 to the State Securities Commission, requesting specific instructions on the order, procedures, and time limit for bond recovery. issued and the refund to the customer.

Along with trying to ensure production and business activities, immediately deploying financial plans in accordance with the law and the requirements of the competent State agencies, Tan Hoang Minh affirmed that he “is actively We are actively looking for partners to promptly sell authorized properties and arrange financial resources to return money to customers as soon as possible.”

In the context of the new case at the initial stage of investigation, some legal problems need to wait for the opinions of the authorities, so the Group cannot immediately refund customers. This business is still committed to soon come up with a payment schedule in accordance with the guidance of the authorities and the law.

For 2 consecutive days from April 12 to 14, many investors gathered at Tan Hoang Minh Group’s headquarters in Quang Trung Street, Hoan Kiem, Hanoi to ask about the payment schedule for bonds according to ” promise” of this Group. Investors who come to Tan Hoang Minh’s headquarters must present a citizen identification card matching the bond purchase contract to enter.

However, an investor shared, although on schedule, in 5 days, Tan Hoang Minh has a schedule to pay customers, but when he comes to work, from employees to leaders, they all make common promises. general and no specific documents have been sent to customers on the payment schedule. At the meeting on April 13 with investors, Mr. Vu Dinh Luyen – Deputy General Director of Tan Hoang Minh Group said that currently the group has a direction but no roadmap to pay investors to buy bonds. promissory note.

From April 4, the State Securities Commission announced the cancellation of 9 bond offerings with a total value of VND 10,030 billion by three companies related to Tan Hoang Minh Group (Vietnam Star Company). , Winter Palace Company, Soleil Company) determined by the authorities to publish false information, conceal information in private bond issuance.

On April 5, the Investigative Police Agency of the Ministry of Public Security issued a decision to prosecute the case, prosecute the accused, and arrest Mr. Do Anh Dung, Chairman of Tan Hoang Minh Group and six other people. , to investigate fraudulent property appropriation.

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