Ms. Le Thi Ha Thanh, the wife of Mr. Nguyen Thien Tuan – Chairman of the Board of Directors of Development Investment Construction Corporation (DIC Corp – code DIG), has completed the sale of 940,000 DIG shares on February 6th. Based on the closing price of DIG shares on the trading day, the value of the shares sold by Ms. Thanh is approximately 26 billion VND.
After the transaction, Ms. Thanh’s ownership in DIC Corp has decreased to only 4,902 shares. Meanwhile, Chairman of the Board of Directors Mr. Nguyen Thien Tuan directly holds nearly 47 million DIG shares, equivalent to 7.68% of the company’s capital.
Prior to this, Ms. Thanh had corrected the report on DIG share transactions from December 11th, 2023 to January 9th, 2024. Initially, she only announced the sale of 25,300 shares out of 200,000 registered shares of DIG stating that the price was not suitable. However, according to the amended information, Ms. Thanh sold 35,300 DIG shares, reducing her ownership ratio from 0.16% to 0.15%.
The wife of DIC Corp’s Chairman of the Board of Directors has been continuously divesting her capital while DIG shares are at a 5-month high. Compared to mid-October last year, DIG’s stock price has increased nearly 50%. The corresponding market capitalization is about 17,000 billion VND.
In terms of business performance, in general, DIC Corp recorded a revenue of 1,027.5 billion VND in 2023, a decrease of 46.2% compared to the same period, and a net profit of 165.4 billion VND, an increase of 14.5% compared to the same period last year.
It is known that in 2023, DIC Corp set a revenue target of 4,000 billion VND and a pre-tax profit target of 1,400 billion VND. Therefore, by the end of 2023, the pre-tax profit only reached 216.7 billion VND, with DIC Corp only fulfilling 15.5% of the annual plan.
