Vinasun CEO Eyes 1.5 Million Share Purchase, Family Group Set to Control Nearly 45% Equity

Amidst the strategic landscape of CTCP Ánh Dương Việt Nam (Vinasun, HOSE: VNS), CEO Đặng Thành Duy is set to acquire 1.5 million shares. This move aligns with his family’s existing majority stake, potentially elevating their ownership to a maximum of 44.77% post-transaction.

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Mr. Đặng Thành Duy, CEO of Vinasun, has announced plans to acquire an additional 1.5 million shares of VNS for investment purposes. If the transaction is completed between December 10, 2025, and January 8, 2026, his ownership stake will rise from 5.73% to 7.94%, equivalent to 5.39 million shares. Based on the closing price of 9,120 VND per share on December 6, the deal is valued at approximately 13.7 billion VND.

Alongside Mr. Duy, his family members hold significant shares in Vinasun. His father, Mr. Đặng Phước Thành, who served as Chairman of the Board from 2000 until late 2023, currently owns 24.92% of the company’s capital. His mother, Mrs. Ngô Thị Thúy Vân, holds 11.91%, while his daughter owns only 25 shares.

Mr. Đặng Phước Thành (left) and his son, Mr. Đặng Thành Duy

If the acquisition of 1.5 million shares is finalized, the CEO’s family group could increase their combined ownership to a maximum of 44.77% of Vinasun’s capital.

Significant senior leadership changes at Vinasun began in late 2023 when Mr. Tạ Long Hỷ assumed the role of Chairman of the Board. Previously, Mr. Hỷ served as CEO, a position now held by Mr. Đặng Thành Duy, who was formerly the Deputy CEO.

On the HOSE market, VNS shares have declined by 6% over the past three months but have remained relatively stable compared to prices from a year ago. Average daily trading volume remains low, at less than 30,000 shares. Earlier in the year, the stock briefly surpassed its par value in late July, reaching a high of 10,700 VND per share—its peak in over 1.5 years—before retreating and staying below par value since.

Price movement of VNS shares from early 2025 to present

In contrast to Mr. Duy’s buying activity, Kim Ngưu Consulting LLC—an entity related to Board Member Đặng Tiến Sỹ—only sold 89,300 out of the 1 million VNS shares it registered to sell from October 31 to November 28, achieving less than 9% of its target. The reason cited was unmet market expectations, preventing the completion of the transaction. Following the sale, Kim Ngưu’s ownership decreased from 12.67% to 12.54%, equivalent to 8.51 million shares.

Tùng Phong

– 10:03 06/12/2025

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