Cenland

The HSX suspended the margin trading of CenLand stocks due to tax issues CenLand closed yesterday's trading session (January 21, 2021) at VND24,800 ($1.08), down 14 per cent compared to the first days of the year. The Ho Chi Minh City Stock Exchange (HSX) has just announced that CenLand's ticker CRE is not eligible for margin trading due to tax evasion and fraud. According to the Hanoi Tax Department, after a tax inspection at CenLand, significant arrears were uncovered as a result of undeclared revenues and incorrect tax returns. CenLand also committed several violations including using invalid tax invoices and adding the wrong date and time on tax invoices. Thereby, the real estate company was fined to VND369 million ($16,040) and was charged VND1.8 billion ($78,260) for value-added tax and corporate income tax (in 2018-2019), and VND605 million ($26,300) for late payment. In total, CenLand was sent a bill for VND2.75 billion ($119,570), which the Hanoi Tax Department … [Read more...] about CenLand stock no longer up for margin tradinng due to tax evasion

Charles Darwin, the greatest biologist in history, once said, “It is not the strongest of the species, nor the most intelligent that survives. It is the one that is most adaptable to change.” Throughout about 20 years of development in the brokerage market, Century Land JSC (CenLand) is today one of the largest real estate brokers in Vietnam, after experiencing a long series of ups and downs. COVID-19 has brought a world that is less open, less prosperous, and less free. When things change, if firms do not adapt quickly, even giants can face the risk of collapse. Thanks to fast and decisive adjustments to the changed circumstances, the company is seizing opportunities to overcome challenges towards sustainable development. Brokerage is the core value At the recent conference on the company’s business plan for 2020, CenLand chairman said, “Brokerage is always CenLand's core value, so maintaining and even strengthening our sales force is a vital task." The … [Read more...] about CenLand keeps consistency with mission and innovation

Co-oDahlia Homes, developed by Gamuda Land, is geared up to be one of the most attractive pieces of real estate property in the upcoming yearperation a win for real estate groups Such partnerships can be seen between Gamuda Land, one of the leading real estate developers from Malaysia, and many well-known companies in the Vietnamese real estate market such as CenLand, MuaBanNhaDat.vn, and Batdongsan.com.vn. The support and assistance of these partners have made great contributions to the development of the Gamuda City project in Hanoi’s Hoang Mai district, developed by Gamuda Land. Thanks to the sound advice from these strategic partners and their years of expertise in the market, the Gamuda City project has been widely introduced to many over the years, providing customers with optimised solutions when looking for suitable homes for themselves and their families. Co-operation a win for real estate groups In its 10 years of operations in Vietnam, Gamuda Land has … [Read more...] about Co-operation a win for real estate groups