The 10th anniversary celebration of the annual report and honorable mention for the best annual report 2017 took place in the afternoon of July 25th 2017 at the GEM Convention Center, District 1, Ho Chi Minh City. Representative of Hoang Quan Group (HoSE: HQC), Mr. Dang Thanh Thao – Legal Deputy General Director attended the event.

The ceremony had presence of leaders from the State Securities Commission of Vietnam (SSC), Department of Stock Exchanges and nearly 300 representatives of listed companies, securities companies, fund management companies and other financial institutions on the market.

Mr. Le  Trong Minh - Chief Editor of Investment Newspaper, Co-Chairman of Organizing Committee of the annual report voting – had speech at the anniversary celebration - (Photo: Le Toan)

Review of of the annual report voting 2017, Mr. Le Trong Minh, Chief Editor of the Investment Newspaper, co-chairman of the Organizing Committee, commented on the new criteria in annual report voting in this year. It was implemented on nearly 100 quantitative criteria for the first evaluation round which were selected and formulated from current legal regulations, especially Circular No.155/2015/TT-BTC of the Ministry of Finance guiding to the disclosure of information, supplementation of corporate governance principles in line with the OECD principles and a number of indicators in corporate sustainable development report. 

In this evaluation, HQC was honored to receive the top 50 of the best annual report 2017. This was the deserved result of continuous efforts of leaders and employees of HQC

Mr. Dang Thanh Thao – Legal Deputy General Director of HQC (the fifth person from the left side), received the certificate of Top 50 of best annual report 2017 

HQC annual report conveyed the message of product diversification strategy along with social housing development, - the key strengths of HQC. Accordingly, HQC has focused on investing more in other segments such as commercial real estate, including high class apartments, officiates, industrial parks, ports, urban areas...

Enterprises listed on Top 50 of best annual report 2017

With a restless effort to provide accurate information, HQC regularly held quarterly investor meetings, timely updated both Vietnamese and English information in the Investor Relation section on the website, organized more than 30 meetings with domestic and foreign investment funds and securities companies. 

In 2017, HQC will restructure its corporate model, financial restructuring will also be carried out with the EY advice. This strategy expresses the determination of the Board of Directors in enhancing management quality in order to increase operational efficiency, improve financial performance, and maximize shareholder value. HQC’s business targets for 2017 reach VND 2,000 billion in revenue and VND 200 billion in after-tax profit.

HOANG QUAN GROUP