Last week, the VN-Index decreased by 2.29 points, settling at 1,280.75. Conversely, the HNX-Index rose by 2.71 points, reaching 244.67.
According to statistics from the HoSE, foreign investors net sold 80.37 million units, with a corresponding net selling value of VND 4,501 billion. On the HNX, foreign investors net bought 1.36 million units, but the total value was a net sell of VND 4.68 billion.
In the Upcom market, foreign investors net sold 1.28 million units, but the total value was still a net buy of nearly VND 24.8 billion.
Thus, in the trading week from July 8-12, foreign investors net sold 80.29 million units, with a total net selling value of over VND 4,480 billion.
Running Low on Major Shareholders
Sonadezi Giang Dien JSC (stock code: SZG) is now left with only one major shareholder after Tuan Loc Construction and Investment JSC sold all its shares. Specifically, from June 27 to July 3, Tuan Loc sold 18 million SZG shares to reduce its ownership from 32.79% to 0% of the charter capital in Sonadezi Giang Dien.
Sonadezi Giang Dien JSC is now left with only one major shareholder.
As of December 31, Sonadezi Giang Dien had two major shareholders: Construction Tuan Loc and Industrial Park Development Corporation (stock code: SNZ), which owned 46.45% of the charter capital. The remaining 20.76% belonged to other minor shareholders.
Similarly, Saigon Vina Real Estate JSC (Land Saigon, stock code: LSG) also recorded a change in major shareholders within the last month.
Specifically, on July 4, Ms. Nguyen Thi Thu sold 14,833,454 LSG shares to reduce her ownership from 16.48% to 0% of the charter capital, and is no longer a shareholder of Land Saigon.
On June 6, Ms. Truong Kim Duyen sold 51,800 LSG shares, reducing her ownership from 5.02% to 4.96% of the charter capital, and is no longer a major shareholder of Land Saigon.
On June 7, Ms. Nguyen Thi Thach Truc sold 11,452,250 shares to reduce her ownership from 12.72% to 0% of the charter capital, and is also no longer a shareholder of LSG.
On the other hand, from June 5-7, Ms. Tran Thi Minh Tam, Member of the Board of Directors and General Director, purchased 4.3 million LSG shares, increasing her ownership to 4.78% of the charter capital.
Similarly, Mr. Tran Thanh Nhon, Chief Accountant and Chief Financial Officer, registered to buy 4.2 million LSG shares to increase his ownership to 4,207,400 shares. The transaction is expected to take place from July 7 to August 7.
Leadership Change at Casumina
Sai Gon VRG Investment JSC (stock code: SIP) sold 71,900 CSM shares of Southern Rubber Industry JSC (Casumina, stock code: CSM), reducing its ownership to 7.97% of the charter capital.
Casumina has recently announced the documents for its upcoming extraordinary general meeting in 2024, which is expected to be held on July 26, to decide on a leadership change. The company proposed to dismiss Mr. Pham Hong Phu and Mr. Nguyen Minh Thien from their positions as members of the Board of Directors for the term 2021-2026.
Major shareholder of Casumina sells CSM shares.
Ms. Le Thi Cat Tuong, sister of Mr. Le Viet Hai – Chairman of the Board of Directors of Hoa Binh Construction Group JSC (stock code: HBC), has just sold 10,000 HBC shares, reducing her ownership to 45,818 shares. The transaction was made on July 5.
Mr. Nguyen Van Nghia, a member of the Board of Directors of Thanh Cong Textile and Garment Investment Trading Joint Stock Company (stock code: TCM), has registered to sell 7 million TCM shares. The transaction is expected to take place from July 16 to August 14 by order matching or negotiation.
If the transaction is successful, Mr. Nghia’s ownership in TCM will decrease from 17.19 million shares to 10.19 million shares, equivalent to 10% of TCM’s charter capital. It is estimated that Mr. Nghia will receive about VND 376 billion from this capital divestment.
In mid-June, Thanh Cong Textile and Garment completed the list of shareholders for issuing 9.26 million bonus shares at a ratio of 10%. Thus, the company has increased its listed securities to nearly 102 million shares.
Mr. Nguyen Van Hung, a member of the Board of Directors of the Southern Hanoi Housing and Urban Development Corporation (stock code: NHA), has just registered to sell 1 million NHA shares to reduce his ownership to 341,735 shares. The transaction is expected to take place from July 18 to August 15.
