Đạt Phương Group Gears Up to Raise Capital for Da Nang Resort Project

Following approval from the Annual General Meeting of Shareholders in late October, the Board of Directors of Dat Phuong Group (HOSE: DPG) has resolved to execute a private placement of nearly 17.8 million shares.

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This information helped DPG shares edge up by 0.11% on November 25, amidst a 0.46% decline in the VN-Index.

According to the extraordinary shareholders’ resolution announced on October 28, the private placement price per share will be set at no less than 1.5 times the book value. Consolidated financial reports as of Q3/2025 indicate that Dat Phuong’s book value stands at approximately VND 27,827 per share. Consequently, the capital raised by the Group could exceed VND 740 billion.

A portion of this capital is expected to fund Dat Phuong’s ultra-white glass production plant project, through capital contributions to its subsidiary executing the project. On November 24, Dat Phuong’s leadership approved the allocation of nearly VND 128 billion to acquire additional shares from the existing issuance of Dat Phuong Glass JSC. Following these transactions, the Group’s ownership in the subsidiary will increase from 73% to approximately 81%.

Returning to the capital raised from the private placement, the majority will be allocated to working capital and invested in the integrated resort project in Binh Duong Commune, Thang Binh District, Quang Nam Province (pre-merger) – now part of Da Nang City.

Purpose of Capital from Private Placement

Source: Extraordinary Shareholders’ Meeting Minutes of Dat Phuong, announced on October 28, 2025

Thua Van

– 15:58 25/11/2025

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