Mr. Nguyen Cao Tri lost his membership of Saigonbank’s Board of Directors

Saigonbank announced unusual information regarding Mr. Nguyen Cao Tri’s loss as a member of the Board of Directors from January 19.

Saigon Industrial and Commercial Joint Stock Bank (Saigonbank, code SGB) announced unusual personnel changes. Accordingly, Mr. Nguyen Cao Tri lost his membership of the Board of Directors of Saigonbank from January 19.

Mr. Nguyen Cao Tri

The notice of Saigonbank did not specify the reason, but only briefly stated: “Mr. Nguyen Cao Tri, of course, loses his status and is no longer a member of the Board of Directors of Saignbank.”

Mr. Nguyen Cao Tri was born in 1970, used to hold senior positions at a number of member companies of Ben Thanh Group (Ben Thanh Group). In 2015, following Ben Thanh Group divested, Ben Thanh Land changed its name to Capella Holdings and started to shift its business focus to the food and entertainment sector (F&B Hospitality). Mr. Tri is also widely known as Chairman of the Board of Directors and General Director of Capella Holdings.

At that time, Capella Holdings owned many famous brands in the entertainment fields such as Air 360 Sky Bar, Chill Bar, La Vie En Rose Live Music & Bar… Capella Holdings also expanded its business in the Real Estate industry. Property with The One Saigon building, Consumer Retail, Healthcare, Education, High-tech Agriculture and many other fields.

Meanwhile, Saigonbank was established in 1987, the current ownership structure includes 4 major shareholders, accounting for more than 65% of charter capital, which are the Office of the City Party Committee of Ho Chi Minh City, Ky Hoa Tourism and Trade One Member Co., Ltd. Ho Chi Minh City Petroleum Company Limited, Phu Nhuan Housing Construction and Trading One Member Company Limited.

Consolidated financial statements for the fourth quarter of 2022 have just been released, showing that Saigonbank’s pre-tax profit in 2022 is VND 237 billion, an increase of nearly 54% and profit following tax is nearly VND 190 billion, an increase of 55% compared to the previous year. 2021.

Peace

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