“CTP’s Major Shareholder Moves: A Strategic Investment or a Power Play?”
Dương Văn Tịnh, a prominent shareholder of CTP, has recently made waves by announcing his intention to purchase additional shares, significantly increasing his stake in the company. With a current holding of 500,000 shares, equivalent to a 4.13% ownership ratio, Mr. Tịnh plans to acquire enough shares to boost his ownership to approximately 19%, making him the second-largest shareholder after Chairman of the Board of Directors, Trần Công Thành.
At the current share price of around 17,000 VND per share – a significant drop from its peak in September 2024, Mr. Tịnh is expected to invest approximately 30.6 billion VND in this venture. The stated purpose of this increased ownership is for personal investment purposes.
Mr. Dương Văn Tịnh at a CTP event. Source: CTP
|
This move follows a similar one made by Chairman Trần Công Thành on May 16, 2025, when he registered to purchase 200,000 shares, with the transaction expected to take place between May 20 and June 18. Prior to this transaction, Mr. Thành held 2.8 million shares (23.14% of capital), and the additional shares would increase his ownership to 24.8%.
On the other hand, Board member Đào Văn Minh has taken the opposite approach, selling his entire 2.12% stake in CTP on May 20, 2025. Following this transaction, Mr. Minh no longer holds any shares in the company.
Both Mr. Dương Văn Tịnh and Mr. Trần Công Thành were appointed to the Board of Directors of CTP in 2024. Mr. Tịnh, born in 1995, is a Bachelor of Electrical and Electronic Engineering and served as Deputy General Director of Stars Capital Investment Joint Stock Company before joining CTP. Mr. Trần Công Thành, born in 1993, is the General Director of Stars Capital and has also increased his stake in CTP from 0% to nearly 15% in 2024.
On April 29, 2025, CTP decided to appoint Mr. Tịnh as the new General Director and legal representative, replacing Lê Minh Tuấn, citing reasons of corporate governance compatibility.
Tử Kính
– 17:58 13/06/2025
A Maritime Company Goes Big: Investing Nearly $2 Billion in Two Ships Built in China
If the deal goes through, Vosco will have achieved half of its planned goal of purchasing four MR tankers. With this acquisition, their fleet of oil tankers will increase to seven, bringing their total fleet size to an impressive eighteen vessels.
Presenting to the National Assembly: The Ho Chi Minh City Ring Road 4 Project: A Visionary Investment of Over VND 120,000 Billion.
The Ho Chi Minh City Ring Road No. 4 project is slated to commence construction this year and is expected to be completed by 2029. This ambitious infrastructure undertaking promises to revolutionize transportation in the region, offering a strategic route that will enhance connectivity and facilitate seamless travel. With a projected length of approximately 210 kilometers, this highway will encircle the city, providing a vital link between neighboring provinces and playing a pivotal role in decongesting the metropolis.
A New Wave of Swedish Investment in Vietnam: The Prime Minister’s Vision
“On his official visit to the Kingdom of Sweden, on the afternoon of June 12th, Prime Minister Pham Minh Chinh, along with Sweden’s Minister for International Development Cooperation and Foreign Trade, Benjamin Dousa, co-chaired the Vietnam-Sweden Business Forum in Stockholm. The forum, themed ‘Green Transition, Digital Transformation, and Innovation,’ aimed to foster economic cooperation and innovation between the two countries.”
The $525 Million Bridge Connecting Hanoi and Hung Yen, Aligned with the Sunrise and Sunset, to Begin Construction in the Next 2 Months
The design unit states that the Ngoc Hoi Bridge is the only bridge crossing the Red River in Hanoi that aligns almost perfectly with the East-West axis.
The Rise of Vietnam’s Largest Steel Mill: Unveiling the Rapid Construction Strategy
With an impressive 15,000 hours of safe construction under its belt, this project has seen a seamless blend of timely progress and unwavering quality. This feat of engineering excellence is now the largest steel production project in Vietnam, a testament to the capabilities of its creators.
