C69 Invests 400 Million Yen in Japan, Stock Surges Over 150% in One Year

Alongside the plan to invest 400 million Yen in its Japanese subsidiary, shares of Construction Joint Stock Company 1369 (HNX: C69) have surged since the beginning of 2026, reaching their highest levels in nearly four years.

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The Board of Directors of C69 has recently approved an overseas investment plan, contributing capital to a Japanese economic organization. Specifically, C69 will invest 400 million Yen, equivalent to over 66 billion VND at the current exchange rate, in Tokumo Co., Ltd., headquartered in Shibuya, Tokyo.

From having no ownership stake, upon completion of the investment, C69 is expected to hold 13.79% of Tokumo’s charter capital. This Japanese company specializes in import-export, design, manufacturing, sales, repair, maintenance, and storage of motor vehicles and related equipment.

The anticipated timeline for completing licensing procedures and transferring the investment funds is within 120 days from the resolution’s approval on January 15th, utilizing the company’s legally sourced capital.

Alongside the investment decision, the C69 Board of Directors appointed Mr. Le Tuan Nghia, born in 1995 and serving as the company’s CEO, as the representative for the capital contribution in Tokumo.

CEO of C69, Mr. Le Tuan Nghia – Photo: C69

This capital contribution plan is a direct follow-up to the Board of Directors’ resolution on December 18, 2025, where C69 selected Tokumo Co., Ltd. as a partner for domestic and international investment activities.

According to the comprehensive plan, the investment focus is on motor vehicle production and business activities, with a projected investment scale of up to 730 million Yen, equivalent to over 121 billion VND. The investment scope covers both Vietnam and Japan.

This move marks a significant milestone for C69 as it expands its business operations beyond Vietnam. Previously, the company primarily operated in architecture and technical consulting, with its headquarters in former Hai Duong, now Hai Phong.

Currently, C69 consolidates the business results of four domestic subsidiaries, operating in construction, automobile dealership, and real estate, alongside three affiliated companies in clay-based construction materials, silk production, and real estate.

Alongside its expansion plans, C69‘s business performance has shown notable improvement. In the first nine months of 2025, the company achieved a net profit of over 37.3 billion VND, nearly four times higher than the same period last year. Despite a 12% decrease in net revenue to approximately 601.5 billion VND, the financial segment was a highlight, generating over 29 billion VND in revenue, more than double the previous year, significantly supporting overall profitability.

Stock Surge in Early 2026, Bolstered by Insider Trading

On the HNX market, C69 shares experienced a strong uptrend from the beginning of 2026, surging nearly 29% to 16,200 VND per share on January 16th, reaching a nearly four-year high, coinciding with the announcement of overseas investment. Over the past year, C69 shares have increased by nearly 160%, with an average daily trading volume of over 481,000 shares.

C69 Stock Price Movement from Early 2025 to Present

The positive stock performance is partly supported by insider trading activities. Specifically, Ms. Le Thi Thuy Linh, sister of Mr. Le Tuan Nghia, CEO and Board Member of C69, registered to purchase an additional 2 million shares for personal needs. If completed, her ownership will increase from 2.56% to 5.8%, equivalent to nearly 3.6 million shares, officially joining the company’s major shareholder group.

Currently, Mr. Le Tuan Nghia holds 8.37% of C69‘s charter capital, equivalent to nearly 5.2 million shares. If these transactions are finalized, the combined ownership of the siblings could exceed 14% of the company’s charter capital.

Tung Phong

– 15:15 16/01/2026

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