Bui Tuan Anh has officially reported his status as a major shareholder, holding over 5% of the shares in Vicasa Steel – VNSteel Joint Stock Company (Stock Code: VCA, listed on HoSE).
On October 13, 2025, Bui Tuan Anh successfully acquired nearly 9.9 million VCA shares, equivalent to a 65% stake, becoming the largest shareholder in Vicasa Steel – VNSteel.
Notably, Vietnam National Steel Corporation (VNSteel, Stock Code: TVN, listed on UPCoM) previously auctioned off its entire holding of 9.9 million VCA shares, representing a 65% stake in Vicasa Steel – VNSteel. The auction took place from October 7 to October 13, 2025.
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According to VNSteel’s report, the company successfully sold the aforementioned shares in a single lot to a domestic investor for approximately VND 126.3 billion, or VND 12,790 per share.
Thus, Bui Tuan Anh is the individual investor who acquired the entire lot of VCA shares auctioned by VNSteel.
In related news, the Ho Chi Minh City Stock Exchange (HoSE) previously placed VCA shares of Vicasa Steel – VNSteel under warning status effective October 23, 2025.
This decision was due to the company’s suspension of its primary production activities for over three months, which falls under the warning criteria as per the Listing and Trading Rules issued with Decision No. 22/QĐ-HĐTV dated April 18, 2025, by the Board of Directors of the Vietnam Stock Exchange.
Regarding business performance, Vicasa Steel – VNSteel’s Q3 2025 financial report showed net revenue of over VND 43.3 billion, an 88.7% decline compared to the same period last year.
After deducting taxes and fees, the company reported a net loss of over VND 3.5 billion, a 7% increase in losses year-over-year.
Vicasa Steel – VNSteel attributed the decline in revenue and profit during Q3 2025 primarily to the suspension of its main production activities from June 19, 2025, as mandated by the Dong Nai Provincial People’s Committee.
For the first nine months of 2025, Vicasa Steel – VNSteel generated net revenue of nearly VND 927.9 billion, an 8.4% decrease compared to the same period in 2024, and reported a post-tax net loss of over VND 1.5 billion.
As of September 30, 2025, the company’s total assets decreased by 38.8% compared to the beginning of the year, while total liabilities stood at over VND 5.3 billion, a 95.8% reduction.
Vicasa Steel’s VCA Shares Under VNSteel’s Warning Watchlist
The Ho Chi Minh City Stock Exchange (HoSE) has placed Vicasa Steel – VNSteel’s VCA stock under warning status. This action follows the suspension of the company’s primary production activities for a period exceeding three months.
“Steel Giant Offloads VICASA Shares at Premium: Starting Bid over 2.5 Times Market Price, Stock Soars”
The share price of VICASA Steel Joint Stock Company – VNSTEEL (HOSE: VCA) surged to the ceiling after the news of the capital sale was announced. Shares of Vietnam Steel Corporation (UPCoM: TVN) also gained 2.8% on a stagnant market day.
