Dragon Capital, represented by Mrs. Truong Ngoc Phuong, has recently reported its stock transactions in Dat Xanh Group (Stock Code: DXG, HoSE). On September 23, 2025, through its member fund Vietnam Enterprise Investments Limited, Dragon Capital successfully acquired 1.5 million DXG shares.
Prior to this transaction, Dragon Capital held nearly 121.3 million DXG shares, equivalent to an 11.9046% stake in Dat Xanh Group. Post-acquisition, their holdings increased to approximately 122.8 million shares, raising their stake to 12.0518%.
Based on the closing price of DXG shares on September 23, 2025, at VND 22,950 per share, Dragon Capital is estimated to have spent over VND 34.4 billion on this purchase.
Source: DXG
On September 22, 2025, Dragon Capital, through its member fund Samsung Vietnam Securities Master Investment Trust [Equity], sold 100,000 DXG shares. Additionally, through three other member funds—Hanoi Investments Holdings Limited (528,133 shares), Norges Bank (350,000 shares), and Saigon Investments Limited (471,867 shares)—Dragon Capital sold a total of 1.35 million DXG shares.
Following these transactions, Dragon Capital’s holdings in DXG decreased from over 122.5 million shares to nearly 121.3 million shares, reducing its stake from 12.0273% to 11.9046%.
In other developments, Dat Xanh Group recently announced a Board of Directors resolution approving a subsidiary’s initiative to develop a Saigon Riverfront project in Ho Chi Minh City. The subsidiary, wholly owned by Dat Xanh Group, is yet to be disclosed.
The project, a high-rise residential and commercial complex, spans 23,000 m² with six 40-story blocks, a total construction area of 286,000 m², and approximately 3,000 units. The total investment is estimated at VND 7 trillion.
Legally, the project aligns with the 1/2000 zoning plan and has obtained investment approval and a 1/500 site plan approval.
Notably, Dat Xanh Group’s land expansion comes amid signs of recovery in the real estate market. The company has also prepared capital since early 2025 to support this growth.
According to the audited consolidated financial report for the first half of 2025, Dat Xanh Group’s cash and bank deposits totaled nearly VND 3,375 billion, an increase of approximately VND 2,048 billion from the beginning of the year. At the end of Q1 2025, this figure was over VND 5,191 billion.
In early August 2025, Dat Xanh Group announced a resolution to issue 93.5 million private placement shares, approved at the 2025 Annual General Meeting. The issuance is expected in Q3-Q4 2025.
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