Mr. Tran Tho Thang, a board member of CIC Group Joint Stock Company (CIC Group, Stock Code: CKG, HoSE), has recently submitted a notice regarding an internal share transaction.
Specifically, Mr. Thang has registered to sell 2.3 million CKG shares to meet personal financial needs. The transaction is expected to take place from December 31, 2025, to January 29, 2026.
If successful, Mr. Thang’s ownership of CKG shares will decrease from approximately 12.2 million to nearly 9.9 million shares, reducing his stake in CIC Group from 7.531% to 6.109%.
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This sale comes shortly after Mr. Thang stepped down as Chairman of the Board and Legal Representative of CIC Group on December 10, 2025.
According to CIC Group’s announcement, after over 30 years of dedication and leadership, Mr. Tran Tho Thang expressed his desire to resign from the position of Chairman to allow the next generation of leaders to continue driving the company’s strategic vision and values.
In his place, CIC Group appointed Mr. Nguyen Xuan Dung as the new Chairman of the Board and Legal Representative, effective December 10, 2025.
Regarding business performance, in the first nine months of 2025, CIC Group reported net revenue of over 427.2 billion VND, a 49.7% decrease compared to the same period in 2024. After-tax profit reached nearly 61.2 billion VND, down 22.2% year-on-year.
For 2025, CIC Group set a target after-tax profit of approximately 130.1 billion VND. As of the end of Q3, the company has achieved 47% of this goal.
As of September 30, 2025, CIC Group’s total assets slightly increased to nearly 5,024.4 billion VND. Inventory accounted for 68.4% of total assets at over 3,434.7 billion VND, while short-term receivables stood at 556.2 billion VND, or 11.1% of total assets.
On the liabilities side, total debt decreased by 14.7% to over 3,013.2 billion VND. Loans and financial leases made up 58.1% of total debt, amounting to 1,749.8 billion VND.
Post-Leadership Transition: Former CKG Chairman Registers Sale of 2.3 Million Shares
On December 26th, Mr. Tran Tho Thang, a member of the Board of Directors at CIC Group Corporation (HOSE: CKG), registered to sell 2.3 million CKG shares due to personal financial needs. This move comes shortly after his departure from the roles of Chairman and Legal Representative of the company.
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CIC Group Chairman Plans to Offload 3 Million CKG Shares
Mr. Tran Tho Thang, Chairman of the Board of Directors at CIC Group, has recently filed to sell 3 million shares of CKG to address personal financial needs.
