The transaction is expected to take place between September 4th and October 3rd. Based on the closing price of VND 63,200/share on August 29th, the estimated deal size is approximately VND 120 billion.
Currently, Sunshine Group and SCG share the same major shareholder, management, and related persons. Notably, Mr. Do Anh Tuan – Vice Chairman of the Board of Directors and major shareholder of SCG – is the Chairman of the Board, legal representative, and major shareholder of Sunshine Group; Mr. Do Van Truong – Chairman of the Board of Directors, legal representative, and major shareholder of SCG – is a member of the Board of Directors of Sunshine Group and the younger brother of Mr. Do Anh Tuan.
 Source: Consolidated
|
Mr. Do Anh Tuan and Mr. Do Van Truong were also the founders of SCG in 2019 with an initial charter capital of only VND 100 billion. Today, the two companies have a close relationship, with most of SCG‘s projects originating from Sunshine Group, including Sunshine Crystal River, Sunshine Golden River, and Sunshine Diamond River, with investment sizes ranging in the tens of thousands of billions of VND.
Recently, the 2025 Annual General Meeting of Shareholders of SCG approved the transfer of more than half of SCG‘s shares to Sunshine Group without having to conduct a public offering. The list of transferring shareholders included 13 individuals holding a total of nearly 45.2 million SCG shares, equivalent to 53.13% of the charter capital. Among them were Mr. Tuan and Mr. Truong.
After the completion of these transactions, Sunshine Group is expected to become the parent company of SCG and its sole major shareholder with a 53.13% ownership stake.
At the meeting, Chairman Do Van Truong stated that the combination with Sunshine Group would create significant opportunities for SCG to have sustainable operations and strong development in the coming time.
|
Expected ownership ratio of Sunshine Group and related parties in SCG after the transfer
Source: Consolidated
|
According to SCG‘s 2025 Financial Statements, becoming a member unit and taking on the role of the main contractor for Sunshine Group’s projects is a critical strategy for the company in 2025.
In terms of business plans, SCG expects to achieve a total revenue of VND 12 trillion and a pre-tax profit of VND 700 billion, which is four times and three times the performance of 2024, respectively.
In the first half of 2025, SCG recorded nearly VND 2.2 trillion in total revenue, up 136% over the same period last year, and a pre-tax profit of nearly VND 132 billion, up 32%. With these results, the company has achieved 18% and 19% of its annual plans, respectively.
 Source: VietstockFinance
|
– 10:27 09/03/2025
“Becamex IJC Announces Cash Dividend and Share Offering for Shareholders.”
On September 17, Becamex IJC will finalize its list of shareholders eligible to receive a 5% cash dividend and to participate in the public offering of 251.8 million shares.
“QCG’s 2024 Financial Report: Unraveling the Mystery Behind the $120 Million Dividend Payout”
The audited financial report for 2024 of QCG Joint Stock Company (HOSE: QCG) has raised questions among shareholders regarding a dividend expense of over VND 120 billion. The expenditure has sparked inquiries about the recipients and the potential impact on shareholders’ interests.
The Veiled Female Shareholder Splashes Cash on Vietravel Stocks
“In a recent display of confidence in Vietravel, Ms. Thuy Tien has bolstered her stake in the company. She acquired an additional 6 million VTR shares, investing a substantial 144 billion VND during the company’s recent rights issue. This strategic move follows her earlier investment of 168 billion VND in March, where she acquired a significant 20.94% stake, previously held by Hung Thinh Group.”
“Sunshine Group Donates 8 Billion VND to Charity after 16 NobleGo Livestream Sessions”
Sunshine Group has once again proven its commitment to corporate social responsibility by donating 500 million VND from their successful NobleGo house-buying livestream to two underprivileged children in Lao Cai through the “Caring Leaves” program. This generous contribution is just a fraction of the total 8 billion VND raised across 16 livestream sessions, which will go towards building 20 homes and 2 schools across Vietnam.
The ‘Shadow’ of Rox Group on Stanley Brothers Securities
The four major new shareholders who collectively hold 86.97% of the capital at Stanley Brothers are closely associated with Rox Group, helmed by the prominent businesswoman Nguyen Thi Nguyet Huong.
