Importing sturgeons into country to raise, develop for business successfully in Vietnam. The 70s businessman Le Anh Duc has been memorized and named Mr. Duc “sturgeon” by the market. But currently, Duc “sturgeon” has not only sturgeons but also…
Businessman Le Anh Duc – Duc “sturgeon” (Source: AFP)
Businessman Le Anh Duc – Duc “sturgeon” is one of those who used to live and do business in Russia, Mr. Le Anh Duc is widely known with his success from raising sturgeons in Vietnam. Caviar is consider to be another kind of “black gold”, which brings high value in commerce and sets the foundation for Mr. Le Anh Duc or as known as Duc “sturgeon” to develop his property nowadays.
From Vietnam Sturgeon Group
Cannot be excluded in Mr. Le Anh Duc’s “ecosystem” is Vietnam Sturgeon JSC (Vietnam Sturgeon Group).
This company was established on September 10, 2009 and registered its address at 12B Hung Vuong, Loc Tho ward, Nha Trang city, Khanh Hoa province. This is also the address of many other companies that Mr. Le Anh Duc (born in 1978) and his wife Mrs. Ha Thi Phuong Thao (born in 1982) developed later.
The position of head at Sturgeon Group also frequently changes between Mr. Le Anh Duc and his wife in recent years.
Specifically, according to the business registration certificate changed on April 7, 2016, Ms. Ha Thi Phuong Thao assumed the position of Chairman of the Board of Directors (BOD) and legal representative, replacing Mr. Le Anh Duc at Vietnam Sturgeon Group. But only one year later, Mr. Le Anh Duc took on the role of Ms. Ha Thi Phuong Thao.
The brand Caviar De Đuc – Vietnam Sturgeon Group
In the field of sturgeon farming and exploitation, Vietnam Sturgeon Group currently owns a system of 6 member companies in many localities across the country, having relatively independent production and business activities.
Notably, in these companies, Tam Long Da Mi Joint Stock Company was established earlier, since 2008. This is also the year marked the first batch of sturgeon successfully raised at Da Mi lake (Binh Thuan), starting the new steps of Mr. Le Anh Duc.
After that success, Mr. Duc established many one-member limited liability companies in many localities such as Binh Dinh, Dak Lak, Son La and Da Lat to develop the scale of raising and exploiting sturgeon varieties.
Development in tourism?
Not only that, only few people know Vietnam Sturgeon Group is also the parental company of Sturgeon Tourism Joint Stock Company (Sturgeon Tourism) with the main business is Tour Operator (domestic and international travel business).
Sturgeon Tourism Company was established on November 25, 2014, with an initial charter capital of VND 50 billion. Founding shareholders include: Vietnam Sturgeon Joint Stock Company (accounting for 95% of charter capital), Mr. Le Anh Duc and Ms. Ha Thi Phuong Thao (accounting for 5% of charter capital).
General Director and legal representative is Mr. Le Van Tuan (born in 1985), has permanent residence in Bac Phong hamlet, Viet Hung commune, Truc Ninh district, Nam Dinh province.
Mr. Tuan is also the legal representative and General Director of Ha Quang 3 Housing Development Joint Stock Company (established on March 29, 2016). In particular, the capital contribution of Ha Quang Real Estate Joint Stock Company (Ha Quang Land) – real estate enterprise also has a connection with companies in the “ecosystem” of Mr. Le Anh Duc and his wife, with the rate declining from 40% of early establishment to 14% at the end of 2017.
Less than 1 year later, according to the change registration license issued on April 16, 2015, Mr. Tuan’s position was replaced by Mr. Pham Quang Tung (born in 1978).
It is known that Mr. Tung is the legal representative of Beluga Vietnam Co., Ltd. (established on June 4, 2010) specializing in importing and distributing alcoholic beverages, especially the famous wine company of Russia – Vodka Beluga.
On October 2, 2015, Mr. Le Anh Duc replaced Mr. Pham Quang Tung as General Director and the legal representative of Sturgeon Tourism.
Go to resort real estate…
A company with a remarkable name in resort field is Cam Ranh Yacht Club and Resort Company (Cam Ranh Yacht and Resort Club) also acquired by Mr. Le Anh Duc in early 2016.
In fact, this enterprise was established in 2015 with 2 shareholders, Mefrimex Technology Investment and Development Joint Stock Company and Mr. Dinh Duc Tuan, the initial
charter capital is VND 50 billion. Then, according to the business registration certificate issued on April 13, 2016, Mr. Le Anh Duc and his wife replaced these two shareholders, marking the completion of the process of acquiring Cam Ranh Yacht and Resort Club.
By October 2nd 2017, the charter capital of this company has increased to VND 100 billion and the participation of new shareholders is Ms. Ha Van Hien with 2% ownership. Notably, Ms. Hien is also one of the major shareholders in another business related to Mr. Le Anh Duc and his wife.
It is known that Cam Ranh Yacht and Resort Club is the investor of the project “Cam Ranh City Gate” with a total area of 47.2 ha (7.2 ha of water surface) located at a prime location which is adjacent to the sea, next to Cam Ranh International Airport. This project was started construction in 2017 and updated monthly progress and exclusive distribution by Viet Danh Khoi Real Estate Joint Stock Company (DKV).
Cam Ranh City Gate project perspective
However, the key point of Mr. Le Anh Duc in the field of Real Estate must be Nha Trang Bay Construction Investment Joint Stock Company (“Vinh Nha Trang” in Vietnamese).
Nha Trang Bay Company was established on August 18, 2014, with the name Nha Trang Bay Tourism Development Investment Company Limited with charter capital of only VND 500 million, legal representative Ms. Ha Thi Phuong Thao. The main industry of Nha Trang Bay is the introduction and promotion of trade.
The size of the company’s capital also increased rapidly, according to the business registration certificate changed on April 16, 2015, Nha Trang Bay company increased its charter capital to VND 54 billion. By May 5/2016, this company has officially changed its name to Nha Trang Bay Construction Investment Joint Stock Company, raising the charter capital from VND 54 billion to VND 300 billion.
The development strategy focuses on real estate, tourism and resorts in key markets such as Nha Trang, Cam Ranh, and Khanh Hoa.
Shareholder structure was also revealed, including: Ha Quang Real Estate Joint Stock Company – Ha Quang Land (VND 120 billion, accounting for 40%); Ms. Ha Thi Phuong Thao (VND 120 billion, accounting for 40%); Ms. Ha Van Hien (VND 30 billion, accounting for 10%) and Mr. Pham Quang Tung (VND 30 billion, accounting for 10%).
Only 1 month later, Nha Trang Bay Company has started the Panorama Nha Trang project with a total area of 4,483 m2, invested more than 1,500 billion VND.
On October 13, 2017, Nha Trang Bay Company continued to start The Arena project, a model of resort – tourism – entertainment – commercial scale of 29 ha. To be able to implement this project, Nha Trang Bay Company has acquired Tran Thai Cam Ranh Joint Stock Company from Tran Thai Group, the ownership rate is revealed to be up to 98% of the shares.
Updated according to the business registration certificate changed on June 29, 2018, Nha Trang Bay Company increased its capital to VND 2,000 billion.
The ownership ratio of shareholders contributing capital also changed significantly. In particular, Ha Quang Land Company reduced the ownership rate to 11.9%, in the opposite direction, Ha Van Hien shareholder increased the ownership rate to 29.7%. The other two shareholders, Ha Thi Phuong Thao and Pham Quang Tung, have not changed much.
The system of companies in the enterprise “ecosystem” of Mr. Le Anh Duc
And the energy field?
On June 30, 2018, Nha Trang Bay Company started construction of Phuoc Huu Solar Power Plant project in Ninh Thuan Province. The project is designed to include a direct solar photovoltaic power plant, with an installed capacity of 50MW and connected to the national electricity system through a 110kV voltage level.
Reportedly, Mr. Le Anh Duc also contributed capital to establish Golden Energy Joint Stock Company (Golden Energy) on November 1, 2017, with charter capital of VND 300 billion, registered office at Sacombank Building, No. 757 Thong Nhat street, Kinh Dinh ward, Tp. Phan Rang – Thap Cham, Ninh Thuan province.
Shareholder structure is the familiar name of Nha Trang Bay company with 60 billion VND (accounting for 20%), Mr. Le Anh Duc and his wife account for 80% of charter capital with the value of contributed capital is 240 billion dong.
However, the changed business registration certificate dated 12/9/2018 shows that Nha Trang Bay Company has withdrawn all its shares at Golden Energy and the ownership rate focuses on the individual Mr. Le Anh Duc, which is up to 97% of charter capital.
