FINANCIAL POLICY OF LEGACY ASSET HOLDINGS JOINT STOCK COMPANY
A reputable enterprise in asset investment and management
LEGACY ASSET HOLDINGS JOINT STOCK COMPANY is one of Vietnam’s leading entities in the field of real estate management, investment, and operation. Guided by the philosophy of transparency, efficiency, and sustainability, the company continuously builds and refines its financial policies to ensure stability, safety, and long-term growth for all stakeholders.
The Importance of Financial Policy in Corporate Governance
In the field of real estate investment and operations, a sound financial policy serves as a compass that helps businesses balance growth and risk control. For Legacy Asset Holdings, finance is not only a tool for managing capital but also a core strategy for building trust with clients, shareholders, and investors.
Financial Vision and Mission
Financial Vision
Legacy Asset Holdings strives to become a leading and reputable enterprise in asset investment and management, equipped with a transparent, flexible, and efficient financial system. The company’s goal is to develop a solid financial foundation that ensures every investment, operation, and management activity delivers sustainable value.
Financial Mission
The company is committed to implementing transparent financial policies, optimizing resources, and safeguarding the rights of all stakeholders. Every financial strategy aims for stable growth, safety, and increased asset value for shareholders, customers, and partners.
Principles of Financial Policy
Transparency and Legal Compliance
All financial activities at Legacy Asset Holdings fully comply with Vietnamese laws and international standards on accounting, auditing, taxation, and investment. Transparency remains the top priority in building trust with investors and partners.
Efficiency and Sustainability
The company focuses on using capital effectively, ensuring stable cash flow and long-term profitability. Every financial decision is made based on thorough analysis, balancing risk and return.
Safety and Risk Control
A robust internal control system minimizes financial risks, prevents capital loss, and ensures safety across all investment activities.
Financial Responsibility and Ethics
Each financial decision is carefully evaluated for its ethical, transparent, and social responsibility aspects toward shareholders, customers, employees, and the community.
Financial Management Structure at Legacy Asset Holdings
Professional Financial Framework
The company’s financial system is operated by a team of highly qualified and experienced finance, accounting, and investment professionals.
Structure Includes:
- Financial Board of Directors: Supervises financial strategy and capital direction.
- Finance and Accounting Department: Manages cash flow, budgeting, financial reporting, and expenditures.
- Internal Audit Department: Ensures accuracy and transparency in all transactions.
Technology in Financial Management
Legacy Asset Holdings applies advanced accounting and financial management software to streamline processes, minimize errors, and accelerate data processing for faster, more accurate decision-making.
Capital Management Policy
Equity Capital
- The company prioritizes the use of its own equity as the foundation for all investment and project development activities, demonstrating financial strength and market commitment.
Borrowed and Mobilized Capital
- Legacy Asset Holdings adopts a flexible financial approach in mobilizing capital from credit institutions, strategic partners, and investors both domestic and international. All loans are strictly managed to ensure effective use and timely repayment.
Profit Reinvestment
- A portion of post-tax profits is reinvested into potential projects, expanding business scale and increasing enterprise asset value.
Financial Control and Reporting Policy
Transparent Reporting System
All financial statements are prepared and published periodically in accordance with International Financial Reporting Standards (IFRS), providing an honest reflection of the company’s financial position, revenues, and profits.
Rigorous Internal Control
The internal control team regularly reviews financial transactions to ensure compliance and reduce risk. Evaluation reports are submitted to the Executive Board and Board of Directors for timely adjustments.
Independent Auditing
Legacy Asset Holdings cooperates with reputable independent auditing firms to ensure objectivity and transparency in all financial reports.
Budget and Expense Allocation Policy
Rational Allocation Principles
Budgets are allocated based on strategic goals, business plans, and the investment performance of each project. All expenditures undergo multi-level approval processes to ensure efficiency and transparency.
Cost Control
The company applies reasonable cost-saving measures without compromising product and service quality. Financial indicators are continuously monitored to detect early signs of inefficiency.
Financial Policy in Real Estate Investment and Operations
Investment Cash Flow Management
Legacy Asset Holdings designs a flexible financial framework to allocate cash flow across investment, construction, operations, and exploitation. Cash flow projections are updated periodically to maintain liquidity and sustainable profitability.
Optimizing Investment Efficiency
The company conducts thorough feasibility, risk, cost, and revenue analyses before implementing any project. Every investment decision must be reviewed by an appraisal council to ensure capital safety and optimal profitability.
Asset Operation Strategy
Upon project completion, the company continues to manage, operate, and exploit the asset through a professional management system that maintains property value and generates stable revenue streams.
Financial Responsibility to Shareholders and Partners
Long-Term Benefit Commitment
- Legacy Asset Holdings is committed to protecting shareholders’ legitimate rights through stable dividend payments, transparent information disclosure, and responsible capital management.
Transparency with Partners and Clients
- All financial information related to cooperation, investment, and profit-sharing is clearly disclosed, fostering trust and sustainable partnerships both domestically and internationally.
Social Responsibility
- The company fully complies with tax obligations, contributes to the state budget, and actively participates in community and social activities to create positive social impact.
Sustainable Financial Development Strategy
Technology Integration in Finance
- The company accelerates digital transformation in financial management using ERP systems, automated accounting software, and online reporting to enhance operational efficiency.
Green Finance Orientation
- Legacy Asset Holdings prioritizes investments in environmentally friendly projects utilizing renewable energy and green materials, aligning with global trends toward sustainable finance.
International Integration
- The company expands cooperation with international financial institutions, investment funds, and major banks to access preferential capital sources and strengthen its financial capacity in the market.
Financial Commitment of Legacy Asset Holdings
Legal and International Compliance
- Legacy Asset Holdings strictly adheres to Vietnamese laws, IFRS accounting standards, and modern corporate governance practices.
Enhancing Financial Capacity
- The company maintains capital safety ratios, a healthy debt structure, and high liquidity to ensure sustainable operations and investments.
Partnership with Clients and Investors
- Legacy Asset Holdings places customers and investors at the center of its operations, committed to delivering real financial benefits, stable investment value, and long-term partnerships.
Contact Information
For detailed information about financial policies or investment cooperation, please contact:
LEGACY ASSET HOLDINGS JOINT STOCK COMPANY
- Address: 1M Tran Nao Street, Binh Trung Ward, Ho Chi Minh City, Vietnam
- Hotline: 0972 752 794
- Email: services@legacyasset.vn
- Website: legacyasset.vn
- Tax Code: 0318830764
