On November 22, 2012, Kinhbac City Development Share Holding Corporation announce a personnel change as follows:
Approving the resignation of Mr. Dang Thanh Tam – BOD Chairman from the position of CEO as from November 22, 2012.
Appointing Ms. Nguyen Thi Thu Huong – a member of the Board of Directors cum Standing Deputy CEO as CEO of Kinhbac City Development Share Holding Corporation as from November 22, 2012.