Tech Titan’s Chairman Scoops Up 5.5 Million Vinasun Shares

The Chairman of HIPT and affiliated entities are set to acquire an additional 5.5 million shares of Vinasun, elevating their ownership stake to nearly 25%.

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Vinasun Corporation (Vinasun- VNS) has recently disclosed insider trading information regarding its shares.

According to the announcement, Mr. Le Hai Doan, a member of Vinasun’s Board of Directors and also the Chairman of HIPT (stock code: HIG), holds a significant stake in the company. HIPT currently owns over 2.468 million shares (3.64%) of Vinasun. Additionally, VBP Corporation, an affiliate of Mr. Doan where he serves as Director and legal representative, holds 5.269 million shares (7.77% of VNS).

Prior to the transaction, Mr. Doan personally held 4.279 million shares (6.31%), while related parties held 12.017 million shares (17.71%). The registered purchase volume is 5.494 million shares.

Post-transaction, Mr. Doan’s holdings are expected to increase to over 9.226 million shares (13.60%), with related parties holding 16.964 million shares (24.999%). The transaction is scheduled to take place from December 1 to December 30, 2025, via agreement and order matching.

Mr. Le Hai Doan’s trading history reveals a well-planned acquisition strategy. Since December 2024, he has aggressively accumulated VNS shares, becoming a major shareholder (exceeding 5%) by mid-December 2024. In April 2025, he was elected to Vinasun’s Board of Directors, directly participating in management.

Mr. Doan’s latest move to acquire nearly 25% of Vinasun is a pivotal step in solidifying his position as the second most influential figure within the company.

Vinasun also clarified that its Q3/2025 consolidated net profit dropped by 60% due to a significant revenue decline, reaching only VND 9.25 billion, a nearly 60% decrease year-on-year. As of November 25, VNS shares were trading at VND 9,000 per share.

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