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Petrolimex restructures leadership for the 2026-2031 term, appointing a new member to the Board of Directors and updating the Supervisory Board. On 24 April 2026, Takuji Ogasawara was appointed as a member of Petrolimex's Board of Directors for the 2026-2031 term. Also from that date, Do Huy Thao, Deputy Head of Business, was appointed as a member of the Supervisory Board. Conversely, Endo Tsuyoshi ceased to be a Board member as of 24 April 2026; Dao Nam Hai ceased to be a Board member since 30 May 2025. Additionally, Okuma Atsushi no longer serves as a member of the Supervisory Board from 24 April 2026. As a result, the Board of Directors now has seven members, with Pham Van Thanh continuing as Chairman. The Supervisory Board has five members, with Dang Quang Tuan named as its Chairman. In a separate development, in mid-April 2026 Petrolimex filed an unusual disclosure with the State Securities Commission and HoSE regarding PLX shares. Based on the shareholder list for the 2026 annual general meeting registered on 25 March 2026 by the Vietnam Securities Depository, Petrolimex has 43,266 shareholders; of these, 43,264 non-major shareholders with voting rights hold 9.419% of the voting capital. Therefore, Petrolimex does not meet the public-company criteria under the Securities Law, which requires at least 10% of voting shares to be held by at least 100 investors who are not large shareholders. Under the amended Securities Law, the company has one year to remedy. Petrolimex said it will continue reporting to regulators about obstacles to meeting the public-company condition for a privatized enterprise and will actively develop measures to comply. Currently, Petrolimex's two major shareholders are the State (represented by the State Capital Investment Corporation) with 75.87% and foreign strategic ENEOS Corporation with 13.08% of charter capital.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
