Timeline of Establishment & Development Summary
Important development milestones
- 1992: Established Thanh Nhon Trading Company Limited, operating mainly in the field of manufacturing and trading veterinary drugs, chemicals, animal feed and pharmaceutical raw materials
- 2007: Established Nova Group including 2 main areas: (1) building a value chain providing safe food and (2) real estate business
- In 2007, No Va Real Estate Investment Group Joint Stock Company (Novaland Group) was separated and established from the Group's restructuring program
- Novaland Group operates mainly in the real estate sector with an initial charter capital of 95.3 billion VND
- 2009: Novaland Group officially started construction of the Sunrise City residential complex project, District 7 and increased charter capital to 1,200 billion VND
- Year 2011: In July 2011, the Company officially started construction on the Tropic Garden Project, District 2
- Year 2012: In July 2012, the Company officially handed over the Sunrise City Project, District 7 - South Area to customers
- 2013: The company announced 2 new projects: The Prince Residence, Phu Nhuan District and Lexington Residence, District 2
- Year 2014:
+ Promoting Mergers and Acquisitions (M&A) activities with 7 Projects: The merger and development of a series of projects in key locations in Ho Chi Minh City has made Novaland Group one of the leading real estate developers in Ho Chi Minh City.
Ho Chi Minh City Center - District 4: - Acquired the Icon 56 Project at 56 Ben Van Don, formerly known as the Khahomex - Savico Tower Project, owned by Saigon General Services Joint Stock Company - Savico and Khanh Hoi Import-Export Joint Stock Company (Khahomex). fourth
- Acquired the Galaxy 9 Project at 9 Nguyen Khoai, previously the Moon Garden Project by Southern Rubber Industry Joint Stock Company (Casumina) as the Investor
- Acquired the RiverGate Project at 151 Ben Van Don, formerly the land of the Office Building - Commercial Center and Apartment Project invested by Thanh Nien Real Estate Joint Stock Company
Eastern area of Ho Chi Minh City - District 2 and District 9:
- Investment cooperation in The Sun Avenue project at 28 Mai Chi Tho from Gia Phu Real Estate Company Limited
Southern area of Ho Chi Minh City - District 6:
- Acquired the Lucky Palace Project at 50 Phan Van Khoe, located right in the center of Cho Lon from Hoang Phuc Housing Development and Construction Investment Company Limited
Western Area of Ho Chi Minh City - Phu Nhuan District:
- Acquired the Orchard Garden Project at 128 Hong Ha, located in the heart of Phu Nhuan District, adjacent to Tan Son Nhat Airport from Phu Nhuan Trading Joint Stock Company
- Acquired the GardenGate Project at 8 Hoang Minh Giam right next to Gia Dinh Park from Vietnam Youth Tourism Company Limited
+ Building a system of 12 trading floors in Ho Chi Minh City
+ Raising charter capital from VND 1,200 billion to VND 2,300 billion.
- 2015: Novaland Group's business activities were extremely vibrant through the launch of many new projects:
Eastern Area
1. District 2 - Mai Chi Tho; The Sun Avenue project; January
2. District 9 - Long Thanh My; Golf Park; August
3. Binh Thanh District - Dien Bien Phu; Wilton Tower; July
South Area
4. District 7 - Nguyen Huu Tho; Sunrise Cityview; June
5. Nha Be - Phuoc Kien District; Sunrise Riverside; September
Western Area
6. Phu Nhuan District - Nguyen Van Troi; Kingston Residence; June
7. Phu Nhuan - Pho Quang District; Golden Mansion; August
8. Phu Nhuan - Hong Ha District; Orchard Parkview; September
9. Tan Binh - Pho Quang District; The Botanica; January
10. Tan Phu District - Hoa Binh; Richstar; November
Charter capital increased from VND 2,300 billion to VND 3,682 billion.
- Year 2016:
+ Launching 4 new projects in the first 9 months of 2016.
1. Project: Saigon Royal Residence: Central Area; District 4 - Ben Van Don; April
2. Lakeview City: East Area District 2 - An Phu; April
3. Newton Residence: West Area; Phu Nhuan District - Truong Quoc Dung; April
4. Botanica Premier: West Zone; Tan Binh - Hong Ha District; January
+ Charter capital increased from VND 3,682 billion to VND 5,962 billion.
+ Network system: 1 Representative Office, 11 Trading Floors, 3 Branches - Trading Floors.
Main business lines
The areas of operation of No Va Real Estate Investment Group Joint Stock Company according to the Business Registration Certificate include:
1. Real estate business, land use rights belonging to the owner, user or tenant. Details: Real estate business.
2. Construction of houses of all kinds. Details: Construction of high-rise buildings (CPC 512).
3. Consulting, brokerage, real estate auction, land use rights auction. Details: Real estate broker. Real estate management services. Real estate consulting. Real estate trading floor.
4. Computer consulting and computer system administration. Details: Computer services and related services (CPC 841 - 845, 849).
5. Management consulting activities. Details: Management consulting services (CPC 865, except financial, accounting, and legal consulting).
6. Architectural activities and related technical consulting. Details: Project management. Supervision of construction and completion of civil works (CPC 8671, 8672).
7. Construction of railway and road works. Details: Construction of civil engineering works (CPC 513).
8. Demolition. Details: Dismantling service (CPC 5112).
9. Completion of construction works. Details: Completion work of high-rise buildings (CPC 517).
10. Other specialized construction activities. Details: Other construction works (CPC 515, 518).
11. Drainage and wastewater treatment. Details: Wastewater treatment service (CPC9401) (not operating at headquarters).
12. Treat and destroy non-hazardous waste. Details: Waste treatment service (CPC 9402) (not operating at headquarters).
13. Repair of electronic and optical equipment. Details: Repair and maintenance services for machinery and equipment (not included
repair of ships, aircraft or other means of transport (CPC 633) (except mechanical processing, waste recycling, electroplating at headquarters).
14. Short-term accommodation service. Details: Hotel accommodation arrangement service (CPC 64110) (not operating at the headquarters).
Charter Capital Increase Process
In 2007, Novaland Group was officially separated and established from the Group's restructuring program, operating with an initial charter capital of VND 95,325,000,000. Along with the development of the Company, the charter capital changes as follows:
- Year 2007: Established charter capital 95,325,000,000 (VND)
- 2nd capital increase - May 2009: Increased from 600,000,000,000 VND to 900,000,000,000 VND, through share issuance to increase share capital from
- VCSH source
- 3rd phase capital increase - July 2009: Increased from 900,000,000,000 VND to 1,200,000,000,000 VND, through issuing shares to existing shareholders; Issuing shares to increase share capital from equity
- 4th capital increase - October 2014: Increased from 1,200,000,000,000 VND to 2,300,000,000,000 VND, through issuing shares to existing shareholders
- Capital increase phase 5 - June 2015: Increased from 2,300,000,000,000 VND to 3,504,657,610,000 VND, through share issuance to increase equity capital from equity sources; Issuing shares to pay dividends; Issuing shares to existing shareholders.
- Capital increase phase 6 - July 2015: Increased from 3,504,657,610,000 VND to 3,614,657,610,000 VND, through private issuance of convertible dividend preferred shares.
- Capital increase phase 7 - October 2015: Increased from 3,614,657,610,000 VND to 3,671,657,610,000 VND, through private issuance of convertible dividend preferred shares.
- Capital increase phase 8 - December 2015: Increased from 3,671,657,610,000 VND to 3,682,957,610,000 VND, through private issuance of convertible dividend preferred shares.
- Capital increase phase 9 - February 2016: Increased from 3,682,957,610,000 VND to 4,699,997,180,000 VND, through issuing shares to existing shareholders.
- 10th capital increase - August 2016: Increased from 4,699,997,180,000 VND to 5,219,992,340,000 VND, through share issuance to increase equity capital from equity sources.
- Capital increase phase 11 - November 2016: Increased from 5,219,992,340,000 VND to 5,741,992,340,000 VND, through private share issuance.
- Capital increase phase 12 - November 2016: Increased from 5,741,992,340,000 VND to 5,961,992,340,000 VND, through conversion of dividend preference shares into common shares
Address: 313B - 315 Nam Ky Khoi Nghia, Xuan Hoa Ward, Ho Chi Minh City
Phone: (84) 906353838 - Fax:(84 8) 39153838
Disclosure Officer:
Email: [email protected]
Website: http://www.novaland.com.vn/