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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Phuong Nam Culture Joint Stock Company (HOSE: PNC) has announced the list of candidates for the board of directors and the Supervisory Board for the 2022–2026 term.
The board comprises four candidates: Mr. Co Gia Tho, Mr. Nguyen Dinh Thu, Mrs. Nguyen Thi Lan and Mrs. Hua Gia Tu.
PNC also proposed two candidates to the Supervisory Board: Mr. Yew Wan Kup (Malaysian nationality) and Ms. Nguyen Thi Bich Nga.
The change in senior leadership is taking place as Thien Long restructures its investment portfolio and prepares to exit Phuong Nam Bookstore.
Previously, some representatives of the group at PNC, including Ms. Vo Thi Hoang Quan and Mr. Nguyen Ngoc Trung Chanh, had resigned from the Board of Directors.
Thien Long began injecting capital into PNC in June 2025 through its subsidiary Tan Luc Mien Nam, owning 49.49% of shares and appointing management. The Phuong Nam Bookstore chain has nearly 50 stores nationwide, concentrated in shopping centers, bookstore streets and major tourist areas in Ho Chi Minh City.
PNC’s strategy is being adjusted amid reports that Kokuyo Group (Japan) is negotiating to buy back shares from Thien Long An Thinh Investment, the largest shareholder holding 46.82% of Thien Long’s capital. Kokuyo is also expected to bid for an additional 18.19% to raise ownership to 65.01%. If completed, Thien Long could become a subsidiary of Kokuyo.
In this context, Thien Long has planned to restructure its investment portfolio, including dissolving Clever World (operator of the Clever Box chain), divesting all 40% of its stake in Pega Holdings, and exiting Phuong Nam Bookstore.
In March, through its subsidiary Tan Luc Mien Nam, Thien Long contributed nearly VND 145 billion (equivalent to 99.94% of capital) to establish Evertrust Investment Joint Stock Company. The entity is used as an intermediary to receive all of Thien Long’s stake in Phuong Nam.
Subsequently, Thien Long intends to transfer Evertrust to a partner at a price not lower than VND 144 billion. According to the company, this approach increases flexibility in transactions, allows payment in multiple installments, and broadens access to investors.
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