GELEX announces Board of Directors nominees for the 2026-2031 term\/figcaption>\/figure>\nWith a strong combination of strategic vision, deep experience, and diverse expertise, alongside long-standing commitment to GELEX, the proposed Board is expected to further strengthen governance in line with international standards, enhance transparency, and guide the Group in delivering on its vision, mission, and core values in the next stage of development.\/p>\n
The year 2025 marks the conclusion of the current Board\u2019s term, during which GELEX delivered strong and widely recognized results.\/p>\n
Consolidated revenue reached VND 39.5 trillion and pre-tax profit VND 4.6 trillion, both record highs. At the same time, GELEX and its subsidiaries developed a business strategy toward 2030 with the support of a leading international consulting firm. The Group also rolled out a series of initiatives to strengthen its internal capabilities, including adopting an enterprise-wide risk management framework aligned with international standards, transitioning to IFRS financial reporting, expanding access to international capital markets, accelerating digital workplace transformation, investing in talent development, and reshaping its corporate culture toward greater agility and performance.\/p>\n
During the 2021-2026 period, GELEX successfully listed two sub-holdings, GELEX Electric (GEE) and GELEX Infrastructure (GEL) on the HoSE. The Group maintained steady and sustainable growth, with consolidated net revenue and pre-tax profit increasing at compound annual rates of 8.4% and 22.5%, respectively, while EBITDA grew by 17.8% per year. Stronger growth in profit and EBITDA relative to revenue reflects a clear focus on improving operational efficiency and deepening value creation.\/p>\n
Total assets grew at an average rate of 4.7% annually over the same period, despite divestments from certain renewable energy projects. Financial leverage and liquidity ratios remained at safe levels, consistently meeting or exceeding international benchmarks.\/p>\n
These results, together with thorough preparation for the next phase, demonstrate the effectiveness of GELEX\u2019s restructuring strategy, long-term investment approach, and disciplined execution, combining organic growth with selective M&A and post-investment value creation. The Group remains committed to strengthening its position as a focused, efficient investment group in core sectors of the economy.\/p>\n
GELEX\u2019s 2026 Annual General Meeting of Shareholders is scheduled for April 1 at Fairmont Hanoi. Shareholders will review and vote on key proposals, including a consolidated revenue target of VND 44.7 trillion and pre-tax profit of VND 3.6 trillion.\/p>\n
The Group also plans to distribute a total dividend of 33% for 2025, including 25% in shares and 8% in cash. The cash portion, equivalent to nearly VND 722 billion, was advanced to shareholders on September 11, 2025. In addition, GELEX proposes a 20% bonus share issuance from retained earnings. If approved, the total shareholder return would reach 53, the highest in recent years.\/p>\n
GELEX will also seek approval to relocate its headquarters to a new building at 10 Tran Nguyen Han and 27-29 Ly Thai To Street, Hoan Kiem District, Hanoi, along with several other key matters to be presented at the meeting.\/p>\n
PR DEPARTMENT\/strong>\/p>\n
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On March 20, 2026, GELEX Group announced a list of five eligible candidates nominated to its Board of Directors for the 2026-2031 term, marking an important step as the Group prepares for its next phase of growth. The proposed Board includes five members: Mr. Nguyen Van Tuan, Mr. Le Ba Tho, Mr. Luong Thanh Tung, […]\/p>\n","protected":false},"author":22,"featured_media":14314,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[],"class_list":["post-14295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-news-events"],"yoast_head":"
GELEX announces Board of Directors nominees for the 2026-2031 term - Gelex Holdings<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gelex.vn\/en\/news-en\/gelex-announces-board-of-directors-nominees-for-the-2026-2031-term.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GELEX announces Board of Directors nominees for the 2026-2031 term - Gelex Holdings\" \/>\n<meta property=\"og:description\" content=\"On March 20, 2026, GELEX Group announced a list of five eligible candidates nominated to its Board of Directors for the 2026-2031 term, marking an important step as the Group prepares for its next phase of growth. 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