Bcons completes acquisition of Song Hỷ Quốc Tế from Le Phong and Tran Bá Dương; project renamed Bcons New Sky

Bcons acquires Song Hy International from Le Phong and Mr. Tran Ba Duong. Song Hy International previously belonged to Thuduc House (TDH, HOSE), then Le Phong Group and Mr. Nguyen Ba Duong (former Coteccons chairman) bought it, and ownership has now shifted to Bcons. According to sources, Song Hy International announced a new owner in mid‑April. With a charter capital of VND 790 billion, the company is led by Le Vu Linh (born 1993) as CEO and legal representative. Linh currently holds a leadership role within the Bcons Group. Song Hy International was established in 1999 in Thuận An town, Bình Dương province. The company was the developer of a residential project located at 19/2a Quốc lộ 13, Lái Thiêu ward, Thuận An city, Bình Dương province (previously marketed as Aster Garden Towers, Tecco City, or The New Point). The project site covers 18,855 m² with an investment of about VND 2,000 billion. The company had charter capital of VND 150 billion in 2018, founded by Nguyen Phi Tien (99%) and Nguyen Thi Huong Ngan (1%). In 2019, Thuduc House acquired Song Hy International for VND 259 billion. TDH subsequently held 99% of Song Hy International, with 1% registered to La Cam Nam. In 2020, TDH increased the capital to VND 790 billion, TDH held 99.67%, La Cam Nam 0.33%. However, by 2021 TDH exited completely, recording a gain of nearly VND 225 billion from the deal. The project concept image under the name Aster Garden Towers, or The New Point, was showcased. In April 2021 the company maintained charter capital at VND 790 billion; ownership structure then had Bui Nguyen Phong at 99.672% and Tran Thi Ha (director and legal representative) at 0.328%. Shortly after, Nguyen Ba Duong (founder and former Coteccons chairman) took a 50% stake, with Phong reducing to 49.627% and Ha remaining at 0.328%. In May 2025, the ownership structure showed Le Phong Investment and Development Co., Ltd. at 49.627%, Nguyen Ba Duong at 50%, Ha at 0.328%. Ha served as director and legal representative. In August 2025, the list of members included CTCP Đầu tư Xây dựng Bcons (Bcons Group) at 5%, Le Phong at 47.189%, Duong at 47.5%, Ha at 0.311%. By October of the same year, Bcons increased its stake to 60%, Le Phong fell to 19.869%, Duong to 20%, Ha to 0.131%. At year end Ha no longer served as director or legal representative of Song Hy International. After the acquisition by Bcons, the project was renamed Bcons New Sky, with 1,632 units planned. Bcons New Sky is located on QL13 frontage in Lái Thiêu ward, Ho Chi Minh City, with nearly 2 hectares of land, two towers, 29 floors, offering more than 1,632 units ranging from 1 to 3 bedrooms.