Formation history:
Before 2007:
- The company was established in 1994 under the name Quoc Cuong Private Enterprise (XNTD) with main business areas: exploiting and processing wood for export, trading and exporting agricultural and forestry products and coffee, importing and exporting fertilizers with more than 500 employees.
- In 2005, in cooperation with Hoang Anh XNTD to establish Hoang Anh Housing Development & Construction Company Limited. From there, he began to explore the real estate field in Ho Chi Minh City, typically 02 luxury apartment projects Hoang Anh 1 & 2 and turned this field into a key business segment.
Year 2007:
- On March 21, 2007, officially transformed into Quoc Cuong Gia Lai Joint Stock Company with a charter capital of 259 billion VND according to Business Registration Certificate No. 3903000116 issued by the Department of Planning and Investment of GiaLai province.
- Saigon Securities Joint Stock Company (SSI) became a strategic shareholder of QCGL and supported QCGL in restructuring capital, mobilizing capital and now consulting on listing on the Vietnam Stock Market.
- At the same time, the Company was respectively granted Adjusted Investment Certificate No. 39121000011 dated July 27, 2007 for Iagrai 1 Hydropower Project and Adjusted Investment Certificate No. 39121000012 dated July 27, 2007 for the Iagrai 2 Hydropower project. The total capacity of these two hydropower projects is 18.3 MW.
- Contribute capital to subsidiaries such as: Quoc Cuong Housing Investment Development Company Limited, Hung Thinh Housing Development Investment Construction Trading Company Limited (this company specializes in the field of construction and creating all apartment, hotel, villa, and townhouse products for QuocCuong Gia Lai Joint Stock Company), Hiep Phu Real Estate Joint Stock Company; affiliated companies (Saigon Xanh Real Estate Investment Development Joint Stock Company, Giai Viet Joint Stock Company); and invest in a number of projects such as: Phuoc Kien project phase 1 (19 hectares), Townhouse project - Ward 5 - District 8, luxury apartment project 6B - NguyenTri Phuong street - Nguyen Van Linh...
Year 2008
- Contribute capital to Pham Gia Housing Construction and Trading Company Limited.
Year 2009
- Increasing the capital contribution ratio at Hiep Phu Real Estate Joint Stock Company to 55% of charter capital.
- In February 2009, construction began on the Iagrai 1 Hydropower project with a capacity of 10.8MW.
- Invest in projects: Ly Chinh Thang - District 3, Le Thanh Ton - District 1, Luong Dinh Cua - District 2, Vo Thi Sau - District 3.
Year 2010
- QCGL is known as an enterprise operating in a variety of industries: flooring products, furniture, coffee export, project investment, investment in construction of luxury apartments, land for townhouses, villas, residential complexes, offices for rent, rubber planting, hydroelectric construction, etc.
- In February 2010, the Company planted 1,200 hectares of rubber out of a total of 4,000 hectares of rubber quota granted in Chu Prong district according to Investment Certificate No. 39121000067 issued on May 19, 2009 by the People's Committee of Gia Lai province. and Notice No. 136/TB - Gia Lai Provincial People's Committee dated November 11, 2009.
- Continue to build and complete the Iagrai 1 hydroelectric project.
- Complete construction and hand over apartments of The Mansion and Tran Xuan project Complete.
- Deploying infrastructure and opening sales of Trung Nghia - Da Nang land project
- Implement 2010 dividends to shareholders at the rate of 5%/par value in cash.
- New planting of 600 hectares of rubber
- Completed and put into use the Iagrai 1 Hydropower Plant with the capacity to be put into operation at capacity 10.8MW
- Compensation for Phuoc Kien project up to 80%
- Construction project 24 Le Thanh Ton, District 1.
- Completed the stock exchange for existing shareholders of Saigon Xanh Real Estate Development Investment Joint Stock Company. The Securities Depository Center issued the third change of securities registration certificate on August 22, 2014. Updated and changed the 17th business registration certificate on May 15, 2014, increasing charter capital to 1,300,040,290,000 VND.
- Please issue private shares to convert bonds and offset debt, increasing charter capital to about 2,800,000,000,000 VND.
- Continue construction of Block A1.2 Giai Viet Ward 5, District 8 expected to deliver houses in June 2016.
- Completed conversion of commercial housing to social housing project 6B according to Decision No. 1211 dated March 17, 2014 of the City People's Committee. Continue to complete the construction of the commercial housing project of project 6B, expected to be completed in the fourth quarter of 2015.
- Completed the issuance of private shares to convert bonds and offset debt, increased charter capital to 2,751,293,100,000 VND, updated and changed the 18th business registration certificate on May 18, 2015.
- Completing Block A1.2 Giai Viet, Ward 5, District 8, house delivery in June 2016.
- Completing handover of 09 office floors at project 24 Le Thanh Ton, District 1 to BIDV Bank.
- Recognized as the investor of the technical infrastructure construction investment project of Phuoc Kien Residential Area, Phuoc Kien Commune, Nha Be, HCM according to Decision No. 7828/UBND-DTMT dated December 10, 2015 of the People's Committee of Ho Chi Minh City.
- Implementing construction of Giai Viet Commercial Block in Ward 5, District 8, Ho Chi Minh City.
- Deployment of construction of IAGRAI 2 Hydropower Plant with capacity of 7.5MW, expected to generate electricity in Quarter 4/2016.
- Complete procedures to deploy the construction of the 13MW Yaun Trung hydroelectric plant in the first quarter of 2017.
Business line:
- Property
- Rubber
- Wood
- Hydropower