In a recent move, the KIM fund group sold 400,000 shares of VTO (Vitaco Petroleum Transport Joint Stock Company) on August 19, reducing their ownership from 5.09% (4.1 million shares) to 4.59% (3.7 million shares) and no longer holding a major stake. The transaction is estimated to be valued at approximately VND 5 billion.
Notably, since mid-August, the KIM fund has continuously divested from VTO, with a total of four sell-offs: 500,000 shares on August 11, 500,000 shares on August 12, 300,000 shares on August 14, and 400,000 shares on August 19. In total, the fund may have raised around VND 22 billion from these transactions.
| VTO stock price movement from the beginning of 2024 to August 22, 2025 |
This divestment comes as VTO stock has been trading within a narrow range of VND 12,000-13,000 per share since the beginning of August, currently down nearly 28% from its February peak of VND 16,800 per share.
| BTP stock price movement from the beginning of 2024 to August 22, 2025 |
Following a similar strategy, the foreign fund Samarang Ucits also reduced its ownership in Baria Thermal Power Joint Stock Company (BTP) to below 7% after selling 257,400 shares, pocketing approximately VND 3 billion.
On the exchange, BTP stock has been on a downward trend since the end of July, falling from VND 12,000 per share to VND 11,100 per share by the close of August 22, a loss of 8% in less than a month.
 Source: VietstockFinance
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– 07:28 24/08/2025
