DIC Corporation (DIC Corp, Stock Code: DIG, HoSE) has recently announced the successful transfer of the Lam Ha Center Point Residential Area project in Lam Ha Ward, Phu Ly City, Ha Nam Province (now Ha Nam 1 Ward, Ninh Binh Province). The project was sold for over 1.327 trillion VND (excluding VAT).
The Lam Ha Center Point Residential Area, initiated by DIC Corp in 2019, spans over 12 hectares with a total investment of more than 2.115 trillion VND. The project features a well-planned layout, including commercial townhouses, villas, semi-detached houses, and social housing units.
Rendering of the Lam Ha Center Point Residential Area. Image: DIG
As of June 30, 2025, DIC Corp reported an inventory value of nearly 815.6 billion VND for the Lam Ha Center Point project.
In other news, DIC Corp announced in August 2025 a resolution to adjust the public offering plan for existing shareholders. The company plans to utilize the 1.8 trillion VND proceeds from the offering as follows: 600 billion VND for the Cap Saint Jacques Complex – Phase 3 (CSJ), 600 billion VND for infrastructure and social facilities at the Vi Thanh Commercial Residential Area, and 600 billion VND for repaying DIG12301 bonds. The funds will be disbursed from Q4 2025 to 2026.
If the proceeds fall short, DIC Corp will prioritize the CSJ Phase 3 project, followed by the Vi Thanh Commercial Residential Area, and then bond repurchases.
Compared to Resolution No. 107/NQ-DIC Group dated July 8, 2025, the adjustment primarily affects the capital allocation for the Vi Thanh Commercial Residential Area.
DIC Corp plans to offer 150 million shares to existing shareholders at a ratio of 1,000:232, allowing shareholders with 1,000 shares to receive 232 new shares. The shares will be freely tradable, with the offering expected to take place from Q3 2025 to Q1 2026.
The offering price is set at 12,000 VND per share, aiming to raise up to 1.8 trillion VND. Currently, DIG shares trade at around 22,000 VND, making the offering price approximately 45% lower than the market price.
Maximized Profits Quadruple Initial Estimates, Sending DIC Corp (DIG) Stock Soaring to Year’s Best
With a remarkable post-tax profit surge, the company has witnessed a staggering sevenfold increase compared to the same period last year, totaling over 28 billion VND. This outstanding performance far surpasses the self-reported indicator target of 6.7 billion VND, resulting in a significant difference of 21.3 billion VND.
Why Hasn’t the Late Chairman Nguyen Thien Tuan’s Wife Accepted Her Full Inheritance of Shares?
Mrs. Le Thi Ha Thanh, the wife of the late Chairman Nguyen Thien Tuan, has inherited nearly 12.22 million DIG shares out of the total of almost 16.97 million registered for trading.
The Fortuitous Inheritance: How the New DIG Chairman Acquired a Significant Stake
A fortunate turn of events for the new chairman, indeed.
Mr. Nguyen Hung Cuong, Chairman of the Board of Directors of Total Joint Stock Company for Investment Development and Construction (DIC Corp, HOSE: DIG), announced that he has received over 11 million shares out of nearly 20.8 million inherited shares (equivalent to 53%) from the late Chairman, Mr. Nguyen Thien Tuan.
The Heir to DIG’s Fortune: A Legacy of Shares for the Late Chairman’s Son
Hùng Cường is set to receive an additional inheritance of 9.75 million shares between November 22 and December 21. Following this second round of inheritance, Cường will increase his holdings to 82,710,301 shares, representing a substantial 13.56% of DIG’s capital.
“DIC Corp Plunges into Pre-Tax Loss in Q3, with Negative Cash Flow from Operations of nearly VND 1,200 Billion”
The real estate company witnessed a staggering decline in its operating cash flow, plunging to a negative figure of nearly VND 1,200 billion in the third quarter. This represents a dramatic shift from the negative flow of VND 125 billion experienced in the same period last year.
