On November 19th, Nhan Nghia Comprehensive Investment and Development LLC emerged as a major shareholder in UNI, acquiring nearly 2.9 million shares, equivalent to 6.8% of the company’s capital. Prior to this, the firm held no shares in UNI.
On the same day, the market recorded over 2.9 million UNI shares traded via negotiated transactions at approximately VND 8,600 per share, totaling over VND 25 billion—nearly matching the closing price of that session.
Conversely, insiders and relatives of UNI’s leadership swiftly offloaded nearly all their holdings. Mr. Vu Duy Be, husband of a board member, sold his entire stake of 1.52 million shares, reducing his ownership to zero.
Vu Thanh Thuy, a member of the Internal Control Board, also liquidated 1.42 million shares on November 19th, having previously held over 3.3% of the company’s capital.
A day earlier, on November 18th, Ms. Thuy’s sister, Vu Thanh Thao, sold her entire stake of 1.38 million UNI shares. Both sisters are daughters of Nguyen Thi Le Thanh, a board member. On November 20th, Ms. Le Thanh followed suit, selling nearly all her shares, leaving only a symbolic 500 shares.
On November 21st, the divestment trend continued as Vu Thi Kim Lien, sister of UNI’s CEO Vu Thi Nhu Mai, sold over 925,000 shares, reducing her ownership to 0.37%.
Meanwhile, CEO Vu Thi Nhu Mai registered to sell her entire stake of 3.4 million shares, citing “personal financial balancing.” The transaction is expected to be executed between November 19th and December 12th via both negotiated and order-matching methods.
During the period from November 18th to December 1st, approximately 9.3 million UNI shares changed hands, representing 22% of the company’s capital.
![]() Ms. Vu Thi Nhu Mai, CEO of UNI, at the 2023 Annual General Meeting – Photo: UNI
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The acquiring entity, Nhan Nghia Comprehensive Investment and Development LLC, was established in late 2021 in Da Nang with a charter capital of VND 270 billion, specializing in real estate. Its legal representative has changed frequently and is currently held by Nguyen Vu Hoang Long, born in 2000.
Mr. Long is also associated with Sao Mai Real Estate Investment and Development JSC, which has signed a general infrastructure contract with UNI for the Vien Lien luxury residential and villa project in Phu Quoc.
UNI’s Q3/2025 financial report reveals an advance payment of nearly VND 159 billion to Sao Mai Real Estate, a significant increase from VND 44 billion at the beginning of the year.
Formerly known as Vien Lien JSC, UNI was established in 1993 with roots in Ho Chi Minh City’s postal sector. Initially, the company focused on supplying telecommunications equipment, fax machines, and switchboards, serving as the exclusive distributor of Ricoh fax machines in Southern Vietnam.
Amid market liberalization and heightened competition, coupled with the late-1990s Asian financial crisis, the telecommunications equipment segment became less profitable. UNI subsequently expanded into IT and telecommunications infrastructure consulting and construction.
The company was among the early listings on the HOSE in 2006, later transitioning to the HNX due to capital size requirements.
Currently, UNI’s core business revolves around real estate in Phu Quoc, headlined by the Vien Lien luxury residential and villa project. As of Q3/2025, its total assets approached VND 1 trillion, though revenue for the first nine months stood at only VND 3.3 billion, with after-tax profit under VND 100 million.
On the stock market, UNI shares have traded below par value since 2023.
| UNI shares trading below par value over an extended period |
Tu Kinh
– 14:38 04/12/2025
New Shareholder Acquires Nearly 7% of UNI Capital Amid Internal Sell-Off Wave
A leading real estate firm in Da Nang has acquired nearly 7% of the shares in Sao Mai Viet Investment and Development JSC (HNX: UNI), amidst a trend of insiders consistently offloading their holdings.


















