In the latest announcement, Mr. Truong Anh Tuan, Chairman of the Board of Directors of Hoang Quan Consulting – Trading – Real Estate Services Joint Stock Company (code: HQC) < /b> has registered to buy 25 million HQC shares to increase ownership from 4.34% to 8.67% of charter capital, holding 50 million shares in total. The transaction is expected to take place from May 13 to June 11.
In the market, HQC shares surged to the ceiling price of 3,300 VND/share after hitting a 3-year low. At this price, Mr. Tuan needs to spend about 83 billion VND to complete the transaction.
The Chairman’s continuous accumulation of Hoang Quan shares has caught the attention of many investors. Prior to this, from April 25 to April 29, Mr. Tuan bought 23 million HQC shares, equivalent to nearly 4% of the company’s circulating shares.
During this period, the market recorded negotiated transactions totaling 23.75 million units, with a value of nearly VND66.7 billion (equivalent to an average price of VND 2,800/share). It is possible that Mr. Tuan executed the purchase of these shares through negotiated trades.
Regarding business results, < /i> in Q1/2025, the company recorded net revenue of approximately VND 49 billion, up 277% over the same period last year. However, management expenses increased sharply, quintupling, resulting in Q1 profit of over VND 5 billion, unchanged from Q1/2024.
In 2025, HQC targets VND 1,000 billion in revenue, the highest in eight years. Of this, about 80% is expected to come from the Golden City social housing project in Tay Ninh, with the remainder from projects in Tra Vinh and Tien Giang. The net profit target is VND 70 billion, more than twice that of the previous year. Thus, after the first three months of the year, the company has achieved nearly 5% of its revenue plan and over 7% of its profit plan.
In addition to the business plan, HQC also submitted to shareholders a plan to issue 50 million shares to convert VND 500 billion of debt, thereby increasing its charter capital to about VND 6,266 billion.
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Ms. Truong Anh Tuan, daughter of the Chairman of Hoang Quan Real Estate, has registered to purchase 25 million shares from May 13 to June 11.
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