**SSI’s Major Shareholder, Nguyen Duy Linh, Sells Over 47 Million Shares**
*Mr. Nguyen Duy Linh has recently sold over 47.1 million SSI shares through a negotiated deal to meet his personal financial needs.*
Many businesses and individuals related to Chairman Nguyen Duy Hung traded SSI shares. Illustrative image
Mr. Nguyen Duy Linh, son of SSI Securities Corporation’s Chairman, Mr. Nguyen Duy Hung, has sold his entire holding of more than 47.1 million SSI shares (equivalent to 3.11% of charter capital) between August 19 and 23, 2024, through negotiated deals.
Mr. Linh is related to the SSI Chairman, Mr. Nguyen Duy Hung, who currently holds 11.7 million SSI shares, or 0.77% of the charter capital.
Mr. Linh is also the brother of Mr. Nguyen Duy Khanh, a member of SSI’s Board of Directors.
During the period of August 21-23, NDH Investment Company, an entity related to Mr. Nguyen Duy Hung, purchased 32 million SSI shares through negotiated deals as previously registered.
Following this transaction, NDH Investment’s ownership in SSI increased from 94.23 million units (6.23%) to 126.23 million units (8.35%). Mr. Nguyen Duy Hung is the owner and Chairman of the Board of NDH Investment and its legal representative.
Additionally, Mr. Nguyen Duy Khanh serves as the General Director of NDH Investment.
In terms of business performance, in the second quarter of 2024, SSI recorded consolidated operating revenue of VND 2,307 billion, a 37% increase compared to the same period last year. Profit after tax of the parent company’s shareholders reached VND 848.5 billion, a 51% increase compared to the second quarter of 2023.
For the first half of 2024, operating revenue increased by 35% to VND 4,280 billion, and net profit increased by 51% to VND 1,613 billion.
As of June 30, 2024, SSI’s margin lending balance stood at VND 19,600 billion, a 16% increase compared to the previous quarter and a 33.5% increase compared to the end of 2023. The company’s total assets reached VND 71,108 billion, a 2.7% increase compared to the end of last year.
PV
