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Quoc Cuong Gia Lai appoints Nguyen Thi Nhu Loan as General Director
Nguyen Thi Nhu Loan has returned to the position of General Director at Quoc Cuong Gia Lai (QCG), replacing her son, Nguyen Quoc Cuong. The Board of Directors approved this change in legal representation in a resolution dated October 12, 2026.
This leadership transition follows legal developments regarding Ms. Loan. According to an appellate judgment from the Supreme People's Court in Ho Chi Minh City, her sentence for violations in managing state assets was reduced from 18 months of suspended prison time to 11 months and 18 days of non-custodial reform. The court determined she has completed her sentence, accounting for 116 days of prior detention.
Following the announcement, QCG stock experienced significant volatility, hitting a ceiling price of 10,300 VND per share during morning trading, marking its highest value in approximately one month.
Entities
Ho Chi Minh City · Lai The Ha · Nguyen Quoc Cuong · Nguyễn Thị Như Loan · Quốc Cường Gia Lai
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] The Board of Directors approved changing the legal representative from Nguyen Quoc Cuong to Nguyen Thi Nhu Loan as General Director. kenh14.vn · soha.vn
- [● 3 SOURCES] Nguyen Thi Nhu Loan's sentence was reduced from 18 months of suspended prison time to 11 months and 18 days of non-custodial reform. kenh14.vn · soha.vn
- [● 3 SOURCES] The court determined that Nguyen Thi Nhu Loan has completed her sentence. kenh14.vn · soha.vn
- [● 2 SOURCES] QCG stock price hit the ceiling price of 10,300 VND per share. soha.vn