Korean businessman quits being CEO of Sunshine Homes

The decision to replace the General Director of the Board of Directors of Sunshine Homes takes effect from October 22. The company did not state the reason for Mr. Jun Sungbae’s dismissal.

Previously, the Korean businessman was appointed CEO of Sunshine Homes from March 2025. At that time, Mr. Sungbae was introduced as an important factor helping the company optimize business efficiency, in the context that Sunshine Homes planned to merge into Sunshine Group for comprehensive restructuring.

The person who is the CEO and legal representative at Sunshine Homes in place of Mr. Sungbae is Mr. Dinh Chi Hieu, born in 1977, Deputy General Director of Sunshine Group Joint Stock Company. Currently, Mr. Hieu does not own any Sunshine Homes shares.

From the beginning of the year until now, the leadership of Sunshine Homes has also continuously had changes in personnel. This company has in turn dismissed two Deputy General Directors Phan Ich Long and Nguyen Thi Hong Hanh.

Sunshine Homes is the real estate development unit of Sunshine Group. This company is the investor of a number of large projects in Hanoi, such as Sunshine City located in the Ciputra urban area and is investing in a number of high-end housing projects in Tay Ho and Long Bien. Last year, this business achieved revenue of 2,934 billion VND and profit after tax of 837 billion VND.

Sunshine Group is a multi-industry corporation, operating in the fields of real estate, finance, technology, construction… The predecessor of this enterprise is Phu Thuong Construction Investment Joint Stock Company, established in early 2015 with a charter capital of 6 billion VND. To date, Sunshine Group and its member companies are currently the investors of about 20 projects, with a total investment of about 215,000 billion VND.