“Sacrificing Short-Term Personal Interests”: A Chairman’s Perspective on Forgoing Immediate Gains by Offering 88 Million Shares for Sale, Anticipating a Revenue of 2 Trillion.

With a substantial expected revenue of nearly 2 trillion VND, Mr. Dat is orchestrating a strategic launchpad for Phat Dat's ambitious breakthrough. This well-timed move aims to capitalize on the positive shift in the market, setting the stage for the company's exponential growth.

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Chairman of Phat Dat Real Estate sells 88 million shares

Mr. Nguyen Van Dat, Chairman of Phat Dat Real Estate

On August 29, 2025, Mr. Nguyen Van Dat, Chairman of the Board of Directors of Phat Dat Real Estate Joint Stock Company (HOSE: PDR), registered to sell 88 million PDR shares through a matching transaction, with the expected execution time from September 5 to October 3, 2025.

Prior to the transaction, Mr. Dat held over 359 million shares (equivalent to 36.72%). After completion, his ownership is expected to decrease to 271 million shares (equivalent to 27.7%).

At the closing price of August 29, PDR shares were traded at 24,550 VND/share. Calculated at this price, Mr. Dat will receive approximately VND 2,100 billion after selling 88 million shares.

Phat Dat stated that the nature of this transaction is a voluntary choice. Mr. Dat carries out the transfer of a small portion of his ownership through a matching transaction, turning his personal assets into readily available financial resources to support the company’s new and larger-scale business plans.

“I am willing to sacrifice short-term gains for the long-term and sustainable benefits of Phat Dat and its shareholders,” affirmed Mr. Dat. In late 2022, amid a market-wide bond debt crisis, he also sold personal assets worth over VND 2,000 billion to help Phat Dat repay its debts and fulfill its commitments to bondholders. That courageous decision helped Phat Dat quickly recover from the crisis, maintain the trust of stakeholders, and regain its growth momentum.

Phat Dat’s upcoming projects are expected to boost the company’s growth.

This time, with the expected proceeds of nearly VND 2,000 billion, Mr. Dat is contributing to the preparation of a “launchpad” for Phat Dat’s breakthrough plans as the market is showing positive signs of recovery.

In addition to the ongoing projects, Phat Dat has decided to expand its presence in the central areas of major cities by negotiating the acquisition of large-scale projects in the core areas of Ho Chi Minh City, Binh Duong, Ba Ria – Vung Tau, and Hanoi.

With this strategic decision, Phat Dat’s management team is preparing a strong financial foundation, along with swift and decisive actions. After the transfer, Mr. Dat remains the largest shareholder of Phat Dat, holding 36.45% of the company’s shares. This reaffirms his commitment as the company’s founder and leader, willing to sacrifice short-term personal gains for the optimization of the company’s long-term benefits. With the philosophy of “speed coupled with discipline,” Mr. Nguyen Van Dat is demonstrating his determination in shaping Phat Dat’s breakthrough growth strategy.

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