Hung Thinh Group JSC announced the successful sale of 1.2 million HTN shares via matching transactions from June 20 to July 3, 2024. Following this transaction, the Group’s ownership decreased from 19.79% to 18.44% in Hung Thinh Incons.
During the aforementioned period, the average price of HTN shares was approximately VND 12,300 per share, implying that Hung Thinh Group may have raised nearly VND 15 billion.
Prior to this, Hung Thinh Group had completed the sale of nearly 4.7 million HTN shares via matching orders from May 27 to June 12, 2024, reducing their ownership to 19.79%.
In related news, Hung Thinh Investment JSC, another entity within the Hung Thinh Group ecosystem, recently registered to sell 2 million HTN shares via matching and negotiated transactions from July 9 to August 6, 2024, for portfolio restructuring purposes.
If successful, Hung Thinh Investment will decrease its holding to 11.78%, equivalent to 10.5 million HTN shares.
During the morning session on July 5, the HTN share price traded around VND 12,100 per share, representing a 24% decline since the beginning of the year.
| HTN Share Price Movement since the beginning of 2024 |
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