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Vinahud Investment and Urban Development Joint Stock Company (MCK: VHD, UPCoM) announced on April 22, 2026 that it approved the transfer of the contributed capital in Friends Investment and Construction Company Limited (Friends) to Diamond Crown Homes. Under Resolution No. 26/2026/NQ-HĐQT dated April 22, 2026, Vinahud planned to transfer 25% of the charter capital in Friends to Diamond Crown Homes for 305 billion dong. On April 23, 2026, Vinahud further announced Resolution No. 29/2026/NQ-HĐQT approving the transfer of the remaining 75% of the capital to the same partner for 915 billion dong. Thus, Vinahud intends to transfer 100% of its equity in Friends to Diamond Crown Homes for a total transfer value of 1.22 trillion dong, with the transactions expected in the second quarter of 2026. PV data show that on April 22, 2026, Vinahud signed contract No. 01/HDCNVG/FRIENDS/VHD-CROWN with Diamond Crown Homes, effective on the same day. Diamond Crown Homes was established on January 10, 2022, with main business in real estate and land-use rights ownership. Its headquarters are at Ruby Plaza Building, 44 Le Ngoc Han, Hai Ba Trung, Hanoi. At inception, the charter capital was 5 billion dong with two shareholders: Nguyen Thanh Quang (20%) and Nguyen Dieu Linh (80%). On July 20, 2022, Diamond Crown Homes reduced charter capital to 4 billion dong. The sole legal representative and director is Nguyen Dieu Linh (born 1978). In addition to Diamond Crown Homes, Linh also represents other companies. Separately, Vinahud had approved the transfer of 49% of Xuân Phú Hải Investment and Construction to Friends for 300 billion, with the transaction scheduled in the second quarter of 2026. As of March 31, 2026, Xuân Phú Hải is a Vinahud subsidiary with 99.99% ownership and voting rights. If the above transfer succeeds, Vinahud would reduce its ownership of Xuân Phú Hải to 50.99%.
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…
