Recently, the Hanoi Stock Exchange (HNX) issued Decision No. 1218/QĐ/SGDHN regarding the restriction of trading for Hòa Bình Securities’ stock, HBS.
The restriction is due to Hòa Bình Securities’ delay in submitting its audited semi-annual financial report for 2025, exceeding the 45-day limit from the specified deadline.
As a result, HBS shares will only be traded on Fridays starting from October 8, 2025.
Additionally, within 15 days of this decision taking effect, Hòa Bình Securities must submit to HNX and disclose information along with measures and a roadmap to address the restricted trading status.
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Previously, HBS shares were moved from the warning list to the controlled list on September 22, 2025, due to Hòa Bình Securities’ delay in submitting its audited semi-annual financial report for 2025, exceeding the 30-day limit from the specified deadline.
In other developments, Hòa Bình Securities recently experienced a change in leadership with the resignation of Mr. Lê Đình Dương as Chairman of the Board of Directors. On August 25, 2025, the Board of Directors meeting unanimously decided to relieve Mr. Lê Đình Dương of his position as Chairman, in accordance with his personal wishes.
Subsequently, Ms. Trần Mỹ Linh was elected as the new Chairwoman of the Board of Directors for the 2023-2028 term, effective from August 25, 2025. Born in 1982, Ms. Linh holds a Bachelor’s degree in Economics and a Master’s degree. She previously served as Deputy General Director of HBS from September 2022.
In addition to her role at Hòa Bình Securities, Ms. Trần Mỹ Linh is also a Board Member and CEO of Vimedimex Pharmaceutical JSC (stock code: VMD, listed on HoSE). It is noted that Ms. Linh does not hold any shares in HBS or VMD.
Furthermore, Ms. Linh serves as a representative for several companies, including: Nhuệ Giang Construction Investment JSC, Bắc Từ Liêm Housing Development JSC, and Thiên Khánh Real Estate LLC.
Meanwhile, although Mr. Lê Đình Dương resigned as Chairman, he was elected as Vice Chairman of the Board of Directors for the 2023-2028 term, effective from August 25, 2025.
Mr. Lê Đình Dương (born in 2003) is the second son of former HBS Chairwoman Nguyễn Thị Loan. He was elected to the Board of Directors of Hòa Bình Securities at the 2023 Annual General Meeting, at the age of 20.
Following that meeting, Mr. Trịnh Thanh Giảng was appointed as Chairman, and Mr. Lê Đình Dương as Vice Chairman. After Mr. Giảng’s resignation, Mr. Lê Đình Dương was elected as his replacement. On August 22, 2025, Mr. Lê Đình Dương submitted his resignation as Chairman for personal reasons.
As of the end of Q2/2025, Mr. Dương holds over 6.5 million HBS shares, equivalent to 19.7% of the company’s capital.
Mr. Dương’s older brother, Mr. Lê Xuân Tùng (born in 1995), is also a member of HBS’s Board of Directors. Additionally, Mr. Tùng serves as Chairman of Vimedimex.
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