Nam Tân Uyên Set to Debut on HoSE with Reference Price of VND 161,470 per Share

Nearly 24 million NTC shares of Nam Tan Uyen will debut on the HoSE trading floor on October 28, 2025, with a reference price of VND 161,470 per share.

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The Ho Chi Minh City Stock Exchange (HoSE) has officially announced the listing and the first trading day of the NTC stock code, belonging to Nam Tan Uyen Industrial Park Joint Stock Company.

Accordingly, nearly 24 million NTC shares will commence trading on HoSE on October 28, 2025. The reference price for the first trading day is set at VND 161,470 per share, with a price fluctuation range of ± 20% relative to the reference price.

On the stock market, NTC closed its final trading session on UPCoM on October 15, 2025, at a market price of VND 165,000 per share. This means the listing price on HoSE is 2% lower than the closing price on UPCoM.

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Previously, HoSE had approved the listing registration of Nam Tan Uyen’s NTC shares.

NTC stands out as one of the few stocks with a three-digit market price on the current stock exchange. The company has a highly concentrated shareholder structure. As of June 30, 2025, Nam Tan Uyen’s major shareholders include Phuoc Hoa Rubber Joint Stock Company (PHR, HoSE) with 32.85% of the charter capital; Vietnam Rubber Industry Group (GVR, HoSE) with 20.42%; Saigon VRG Investment Joint Stock Company (SIP, HoSE) with 19.95%; and the remaining 26.78% held by minority shareholders owning less than 5% each.

In recent developments, on September 25, 2025, Nam Tan Uyen distributed a cash dividend for 2024 at a rate of 60% (equivalent to VND 6,000 per share). The total dividend payout amounted to VND 144 billion.

Regarding business performance, in the first six months of 2025, Nam Tan Uyen recorded VND 277 billion in net revenue, a 124% increase compared to the same period last year; after-tax profit reached VND 169 billion, up 29%.

For the year, Nam Tan Uyen has set a business target of VND 793 billion in revenue and VND 284 billion in after-tax profit. Thus, the company has achieved nearly 60% of its annual profit goal.

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