Dragon Capital Offloads Nearly 1 Million DXG Shares

Within just a week of purchasing 2.3 million DXG shares, Dragon Capital unexpectedly offloaded 850,000 shares, reducing their ownership stake to just under 11%.

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The Ho Chi Minh City Stock Exchange announces a change in ownership of a related foreign investor group, holding over 5% of the shares in Dat Xanh Group Joint Stock Company (Code: DXG)

On September 20, 2024, Dragon Capital sold 850,000 DXG shares through three members. Specifically, Amersham Industries Limited and Norges Bank sold 500,000 DXG shares each, while KB Vietnam Focus Balanced Fund purchased 150,000 DXG shares.

Following this transaction, the foreign fund Dragon Capital reduced its ownership in DXG from over 11.07%, equivalent to more than 79.8 million shares, to over 10.95% with more than 78.9 million shares.

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Based on the closing price of DXG shares on September 20 at VND 15,600/share, it is estimated that Dragon Capital earned more than VND 13 billion after reducing its ownership in DXG below 11%.

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