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APG Securities Joint Stock Company (Stock Code: APG) has announced changes to its personnel to the State Securities Commission of Vietnam (SSC), the Vietnam Stock Exchange, the Hanoi Stock Exchange (HNX), and the Ho Chi Minh Stock Exchange (HoSE).
Effective June 2, 2025, Mr. Le Dinh Chi Linh, an independent member of the Board of Directors, has been appointed as the Chairman of the Audit Committee. The term of office is from 2022 to 2026.
Also, effective on the same date, Mr. Le Binh Phuong, a member of the Board of Directors, has been appointed as a member of the Audit Committee. His term of office is also from 2022 to 2026.
Concurrently, Mr. Huynh Duc Hung stepped down from his position as Chairman of the Audit Committee, effective June 2, 2025. Prior to this change, Mr. Hung had submitted his resignation from his positions as an independent member of the Board of Directors and Chairman of the Audit Committee for personal reasons.
In other personnel news, Mr. Huynh Minh Tuan took on the role of Authorized Person for Information Disclosure, effective May 29, 2025, replacing Mr. Nguyen Thanh Nghi until further notice from the company.
In a separate development, Pando I Investment PTE. LTD, a foreign shareholder, registered to purchase 40 million APG shares through matching and negotiated transactions from May 20, 2025, to June 18, 2025. If the transaction is successful, the shareholder will increase their ownership from 11.74 million APG shares, equivalent to 5.25% of the charter capital, to 51.74 million shares, or 23.14% of APG’s charter capital.
It is worth noting that Mr. Ong Tee Chun, a member of the Board of Directors of APG Securities, currently serves as the Director of Pando I Investment PTE. LTD.
Conversely, Mr. Nguyen Ho Hung, Chairman of the Board of Directors of APG Securities, registered to sell 6 million APG shares. If the sale is successful, Chairman Nguyen Ho Hung will reduce his ownership from nearly 6.8 million APG shares (3.03%) to approximately 800,000 shares (0.35%).
The VNG’s Predicament: Facing Fourth Consecutive Year of Losses, Offers ESOP Shares at a Bargain
After three consecutive years of losses, VNG is planning to continue its losing streak with an expected loss of 561 billion VND in 2025. The company intends to issue 418,807 ESOP shares at a price point a staggering 91% lower than the market value.
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To support the new leadership team in the communes and wards, Binh Dinh will deploy training programs, especially in digital transformation.
A Stock Surges Nearly 80%, Chairman Looks to Offload Majority Stake, Expected to Pocket Billions
“Should the proposed transaction find fruition, the Chairman’s personal holdings would diminish to a mere 784,000 shares. This shift translates to a negligible ownership stake of a scant 0.35%.”
A Business “Coup”: FLC Overhauls Its Entire Board of Directors and Supervisory Board
The four newly elected members of the Board of Directors are Mr. Nguyen Thanh Tung, Mr. Do Manh Hung, Mr. Vu Anh Tuan, and Mr. Trinh Quoc Thi. Mr. Do Manh Hung was also appointed as the new Chairman of the Board.
Stock Trading Leadership: Chairpersons’ Great Escape from “The Bag Holding”
The weekly transaction statistics for the period of 7th to 11th of October 2024 reveal a notable bias towards selling among leaders and their affiliates. What stands out is the high number of successful stock sales by Chairmen during this week.
