Exclusive Offering: Đất Xanh Launches Private Sale of 93.5 Million Shares to Foreign Investors

Landmark Holdings is offering 93.5 million private placement shares to a maximum of 20 foreign investors at a price closely aligned with the current market value of DXG shares.

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Dat Xanh Group Joint Stock Company (stock code DXG, HoSE) has recently approved a resolution to distribute shares in a private offering, as ratified during the 2025 Annual General Meeting and under Resolution No. 17-1/2025/NQ-DXG/HĐQT dated August 4, 2025.

Accordingly, Dat Xanh will offer 93.5 million shares exclusively to a maximum of 20 foreign professional investors. These shares will be subject to a one-year transfer restriction. Investors are required to complete payment for the shares between December 1 and December 8, 2025.

The offering price is set at VND 18,600 per share, which aligns with the market price of DXG shares at the close of trading on December 1, 2025, at VND 18,400 per share.

Notably, DXG has announced that all shares will be allocated to foreign investors. To comply with the maximum foreign ownership limit of 50%, DXG has temporarily locked the foreign ownership ratio for 463.5 million previously issued shares at 45.42%.

DXG anticipates raising VND 1,739.1 billion from this offering. The entire proceeds will be used to capitalize Ha An Real Estate Investment and Business Joint Stock Company, a subsidiary of DXG. The purpose is for Ha An Real Estate to invest in its subsidiary, Phuoc Son Investment Joint Stock Company.

Phuoc Son Investment will then utilize these funds to invest in its subsidiary, Hoi An Invest Joint Stock Company, to develop the DatXanhHomes Parkview High-Rise Residential and Commercial Service Complex project.

Regarding business performance, according to the consolidated financial report for Q3/2025, Dat Xanh Group recorded net revenue of over VND 1,068 billion, a 5.4% increase compared to the same period last year. Due to higher production costs, gross profit reached over VND 469.6 billion, a 7.6% decrease.

During the period, the company also generated VND 41.6 billion in financial revenue, 3.2 times higher than the same period last year. Conversely, financial expenses decreased from VND 104.8 billion to VND 62.3 billion.

Additionally, selling expenses rose from VND 166.3 billion to over VND 243.8 billion, and administrative expenses reached VND 122.4 billion, a 16.9% increase year-over-year.

As a result, after deducting taxes and fees, Dat Xanh reported a net profit of nearly VND 163.6 billion, 2.2 times higher than the same period last year.

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