Tan Mai Group Joint Stock Company #35240
Created at
2014-04-28
Last update
2023-07-19
3 Parents (Involvements as child)
Draft
ID
Name
Le Thanh
Country of registration/origin
Vietnam
Classification
Individual entrepreneur
Relationship
Parent company
Ownership share
61.70 %
Comment
Mr. Le Thanh bought back a total of 55 million shares, equivalent to 61.7% shares of Tan Mai, thereby taking control of this business. The Extraordinary General Meeting of Shareholders held in January 2020 of Tan Mai elected Mr. Thanh to the position of Chairman of the Board of Directors cum General Director, replacing his predecessor Tran Duc Thinh.
Currently, Tan Mai has two major state shareholders, namely Vietnam Paper Corporation (22.74%) and Education Publishing House (8.1%). Notably, the Paper Corporation vetoed the election of Mr. Thanh to the Board of Directors.
ID
Name
Vietnam Paper Corporation (VINAPACO)
Country of registration/origin
Vietnam
Classification
State-/government (owned) company
Relationship
Parent company
Investment type
Shares/Equity
Ownership share
22.74 %
Draft
ID
Name
Viet Nam Education Publishing House
Country of registration/origin
Vietnam
Relationship
Parent company
Investment type
Shares/Equity
Ownership share
8.10 %
0 Children (Involvements as parent)
1 Deals (Involvements as Operating company)
ID
Target country
Vietnam
Current intention of investment
Timber plantation for wood and fiber
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
22 000 ha