CII Invest reports on the trading results of shares related to insiders of Nam Bay Bay Joint Stock Company (code NBB-HOSE)
Accordingly, CII Trading and Investment One Member Co., Ltd. (CII Invest) announced that it had purchased 1.83 million NBB shares from May 20-23, 2025.
After the transaction, CII Invest increased its ownership from 46.71 million shares, holding 46.64%, to 48.54 million shares, representing 48.47% of NBB’s charter capital.
CII Invest is a subsidiary of Ho Chi Minh City Technical Infrastructure Investment Joint Stock Company (code CII-HOSE). Thus, the CII group of shareholders has increased its total ownership from 73.09% to 74.92% of NBB’s charter capital.
There have been several changes in major shareholders at NBB recently. Specifically, on April 9, Dai Dung Trading and Services Co., Ltd. reported that it had sold 108,800 NBB shares, reducing its ownership from 5.03% to 4.92% of charter capital, thus no longer being a major shareholder of NBB.
A month later, on May 9, 2025, CII Invest announced that it had purchased 10,039,000 NBB shares from My Thép Trading and Services Co., Ltd. through a matched transaction on the HOSE trading system.
In the first quarter of 2025, NBB recorded consolidated revenue of VND 13.6 billion, down 51% over the same period (VND 27.7 billion); after-tax profit of nearly VND 53 million, slightly up from the same period (VND 49 million). After-tax undistributed profit slightly increased to VND 607.9 billion.
In 2025, Nam Bay Bay set a target of VND 404 billion in total revenue and a projected after-tax profit of VND 2 billion, up over 4% and 4.5 times, respectively, compared to the performance in 2024.
Thus, by the end of the first quarter of 2025, Nam Bay Bay had achieved only 2.65% of its profit target of VND 2 billion for the year.
In the first quarter of 2025, CII reported consolidated after-tax profit of VND 95.6 billion (VND 332.3 billion in the first quarter of 2024). According to CII, the company saved interest expenses by optimizing interest rates on credit amounts and reducing interest expenses on convertible bonds. However, compared to the same period, financial income decreased sharply as in the first quarter of 2024, the company recorded VND 430 billion in profit arising from the consolidation of a subsidiary (Nam Bay Bay Investment Joint Stock Company – NBB). In addition, business expenses decreased by VND 77 billion, mainly due to the expense for assessment of the commercial loss of the subsidiary, which was recognized in the first quarter of 2024.
A Strategic Stake: CII Invest Acquires Over 10 Million Shares in NBB, Now Holding a Commanding 47% Stake
“In two sessions held between May 9 and May 12, 2025, CII Invest, a renowned private trading and investment company, successfully acquired over 10 million shares of NBB, a leading investment company listed on the HOSE, from My Steel Trading and Services Co., Ltd. This strategic move was executed without the need for a public offering, as per the resolution of the 2025 Annual General Meeting of Shareholders.”
