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VinFast Auto Names Chairman as Global CEO

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VinFast Auto has appointed chairman Pham Nhat Quan Anh as global CEO, replacing his father, Pham Nhat Vuong, the founder of the electric-vehicle manufacturer, the Nasdaq-listed company said Saturday.

Pham Nhat Quan Anh was appointed chairman of VinFast in May and will now take over the company's global operations. He will continue to serve as chairman and CEO of its Vietnam business.

In addition to his top leadership role at VinFast, Pham Nhat Quan Anh will continue to serve as CEO of VinMetal Manufacturing and Trading Joint Stock Company.

What else is happening in Asia?

Asia

Shui On Land's 20%-Owned Company to Sell China Property

Shui On Land (HKG:0272) said a company in which it holds a 19.8% stake agreed to sell a property in China to Chongqing Shengjuge Real Estate Agency for 201 million yuan.Chongqing Shui On Tiandi Real Estate Development expects the sale of the commercial site with a gross floor area of 31,287 square meters to support its resource allocation and cash flow, according to a Tuesday filing in Hong Kong.

HKG:0272
Asia

Lisi Group Unit Renews Lease for Factory, Office Property in China

Lisi Group (HKG:0526) unit Ningbo Lisi Household Products renewed the lease of a factory space and office property in China ahead of its Sept. 30 expiry.The new lease agreement signed with lessor Da Mei (Ningbo) New Materials will be effective for three years starting Oct. 1, 2026, and ending Sept. 30, 2029.

HKG:0526
Asia

Hunlicar Group Names Acting Chair

Hunlicar Group (HKG:3638) named CEO Chan Wing Sum as its acting chairman effective Friday, according to a same-day bourse filing.

HKG:3638