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Confident that “planes always take off against the wind”, Novaland built a diverse ecosystem after Mr. Bui Thanh Nhon transferred power.

This growth will come from the handover of large projects such as Aqua City, NovaWorld Phan Thiet, NovaWorld Ho Tram (Wonderland, The Tropicana) and project clusters in Ho Chi Minh City.

Up to 80% of Novaland’s product reserves (total 15,000 products) come from 03 key ongoing projects: Aqua City, NovaWorld Ho Tram, and NovaWorld Phan Thiet.

To raise the value for megacities, Novaland and other members of NovaGroup, Nova Service & Nova Consumer, have been developing a comprehensive ecosystem of products & services.

Currently, members of Nova Service focus on investing in and managing service utility chains right in big cities, making a significant contribution to the operation progress.

Previously, in 2021, NovaGroup shaped the structure of an economic development and investment group, with 8 pillars: Novaland, Nova Service, Nova Consumer, Nova Tech, Nova Capital Partners, Nova Logistic, Nova Industry, Nova Finance.

According to the explanation of billionaire Bui Thanh Nhon – Founder, former Chairman of the Board of Directors of the Group, before the fluctuations of the Covid-19 pandemic causing the global economy to decline, Nova Group quickly adapted and completed the restructuring in the direction of shifting from real estate to services, consumption, and technology.

January 20, 2022, three months before the General Meeting of Shareholders, marked a major change in personnel of this group when Founder Bui Thanh Nhon handed over the Chairmanship of the Board of Directors to Mr. Bui Xuan Huy and the executive apparatus.

Currently, Mr. Bui Thanh Nhon has just registered to buy 1 million shares of NVL at the price of 10 billion VND, raising the ownership rate to more than 14%.

Although acknowledging that 2021 has passed with many difficulties and challenges, in their official statements at the General Meeting of Shareholders, both Mr. Bui Thanh Nhon and Mr. Bui Xuan Huy affirmed that Novaland is “an always-on plane”. take off against the wind” through building diverse ecosystems.

In addition to pursuing the real estate pillar, Novaland also revealed the attraction of high-quality human resources, with a scale of 100,000 employees by 2025.

At this year’s General Meeting of Shareholders, Novaland approved the Company to continue dividing bonus shares (in the spirit of asking for opinions from last year’s General Meeting of Shareholders) at the rate of 25% (maximum 482,605,329 shares) and in addition, dividing stock dividend at the rate of 10% (up to 193,042,132 shares), the total additional issuance rate is expected to be around 35%.

https://cafebiz.vn/tu-tin-la-may-bay-luon-cat-canh-nguoc-chieu-gio-novaland-xay-he-sinh-thai-da-dang-sau-khi-ty- Phu-bui-Thanh-nhon-chuyen-Giao-quyen-luc-20220419164438515.chn


Phuong Danh

Following Economic Life

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