Dr. Truong Anh Tuan – Chairman cum CEO of Hoang Quan Corporation welcomed and had a meeting with Mr. Henry S.D’Auria – Investment Director and Mr. Vlad Byalik – Invesment Management Director of Alliance Bernstein Global. The meeting discussed the projects and prospective projects of Hoang Quan Group, and the system of affiliated companies, subsidiaries, business activities, financial situation, sustainable development strategies of the company; financial indicators, stock index HQC ... as well as growth potential in the next 3 to 5 years of HQC.
The meeting between BOD of Hoang Quan and Representatives of Alliance Bernstein Global
Representatives of Alliance Bernstein Global was interested in the social housing segment, the main business which is profitable of Hoang Quan Real Estate Company. According to Dr. Truong Anh Tuan, social house is a special form of real estate segmentation complied with guidelines and policies of the government and highly humane. Paricularly, social housing clients can pay with preferential interest rates for a long time. Hence, although profit margins are not high, but social housing segment is profitable and long-term stable. On the other hand, with the advantage of a closed system from the brokerage, trading, design, construction, valuation, legal ... Hoang Quan can get the most of the system's strengths and investments in distribution efficiently in this segment. Therefore, Hoang Quan Real Estate Company has promoted the strategic development of social housing projects. Moreover, the Company has continued to invest and trade in other types of real estate such as commercial housing, urban area, industrial parks, office buildings ... with higher profitability, guaranteed benefit business profits, shareholders and investors.
TS. Truong Anh Tuan - Chairman - General Director of Hoang Quan Real Estate Company
introduce and answer questions from Alliance Bernstein Global Fund
With the desire to build a foundation of mutual understanding and cooperation in the future, Hoang Quan Real Estate Company provided the necessary information and clear, detailed answers to the representatives Alliance Bernstein Global investment. The company also invited the Alliance Bernstein Global to have a field trips to practical projects of HQC.
Alliance Bernstein Global is an investment fund management and research company which is one of the leading funding companies in the world with headquarters in London and New York, including 46 offices in 22 countries in Europe, America, Middle East and Asia. This fund is huge and have reputation in the market with more than $500 billion in assets under management. This fund investment research and operations in Emerging and Frontier Markets for over 20 years.
After attempts to change with the goal of sustainable development, Hoang Quan Group has attracted many foreign investors, such as the US, Korea, Japan, Europe, Thailand ... to explore investment opportunities in HQC. In the first half of 2016, the company welcomed many organizations, funds, foreign investors, especially from Thailand to visit and work directly. In 07/2016, Hoang Quan Real Estate Company participated in the workshop meeting with about 100 investors in Thailand. Then, HQC welcomed the Thai investors to work at the company headquarters and visit two projects including HQC Plaza (social housing plaza) and Golden King that HQC invests and coorperates.
Source: HOANG QUAN GROUP