Landmark Member of Dat Xanh Group Files Listing Application on HoSE

Approximately two weeks after being approved for trading on UPCoM, Regal Group submitted its listing application to HoSE.

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The Ho Chi Minh City Stock Exchange (HoSE) has officially announced the receipt of the listing application from Regal Group Joint Stock Company (stock code: RGG) on November 7, 2025. The company plans to list 200 million shares, corresponding to a charter capital of VND 2,000 billion.

Regal Group transitioned into a public company in December 2024. By October 30, 2025, the company began trading on the UPCoM under the stock code RGG, with a reference price of VND 13,300 per share.

Originally established in 2011 as Dat Xanh Central Joint Stock Company, the firm rebranded to Regal Group in March 2023. Specializing in real estate, the company is headquartered in An Hai Ward, Da Nang City.

According to the prospectus filed on September 10, 2025, the company’s charter capital stood at VND 1,800 billion. Dat Xanh Service Joint Stock Company (stock code: DXS) is the parent company, holding a 55% stake.

Dat Xanh Group Joint Stock Company (stock code: DXG) directly owns 59% of Dat Xanh Service, thereby indirectly holding 32.5% of Regal Group’s capital.

In addition to Dat Xanh Service, Regal Group’s major shareholders include Mr. Tran Ngoc Thanh, CEO (15% ownership), and Mr. Luong Tri Thin, Chairman of the Strategic Council of Dat Xanh Group (5.17% ownership).

On October 13, 2025, Regal Group successfully completed a private placement of 20 million shares to existing shareholders at VND 10,000 per share, raising VND 200 billion and increasing its charter capital to VND 2,000 billion.

Rendering of the Regal Complex project in Da Nang. Image: Regal Group

Regal Group owns three subsidiaries in real estate development and brokerage: Quang Binh Urban Development LLC and Quang Ngai Urban Development LLC. Additionally, it operates two subsidiaries in retail and hospitality: Smart City LLC and Regal Food LLC.

Notable projects by Regal Group include Regal Legend (Dong Hoi), Regal Capital (Hue), Regal OneRiver, Regal Victoria, Regal Complex, Regal Pavillon (Da Nang), Regal Heritage (Hoi An), and Regal Maison (Tuy Hoa).

In the first nine months of the year, Regal Group reported VND 445 billion in revenue, a slight 1.1% decrease year-on-year. However, reduced cost of goods sold improved gross profit, resulting in a 37% increase in net profit to VND 86 billion.

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