Stock Market

Strategic Share Transactions: Major Funds Eyeing Exit from KDH and OPC

The stock market week of September 22–26, 2025, witnessed a series of notable stock transactions by company executives and their relatives. Highlights included the Vice Chairman of PC1 acquiring 8 million shares, while major funds signaled intentions to divest hundreds of billions of dong.

Administrator

30 September, 2025

PC1 Vice Chairman Completes Acquisition of 8 Million Shares

On September 22, Mr. Phan Ngọc Hiếu, Vice Chairman of PC1 Group’s Board of Directors (HOSE: PC1), reported the completion of his purchase of 8 million shares in the company as previously registered. This transaction increased his ownership stake in PC1 Group from 0% to 2.24%. The deal was executed through negotiated agreements on September 16 and 18.

Mr. Hiếu was elected to PC1’s Board of Directors in April 2024 and currently serves as a Board Member for several companies, including LICOGI 16 Power, Lizen, Vietnam Electric Wire and Cable, and Central Power Engineering. Notably, in Q3 2024, he divested a 5% stake in PC1 before reacquiring shares through recent transactions.

According to VietstockFinance data, a total of 8.5 million PC1 shares were traded via negotiated agreements over the two days Mr. Hiếu executed his purchase, with a combined value of nearly 227 billion VND. It is estimated that the PC1 Vice Chairman invested at least 200 billion VND to finalize the transaction.

RCC Board Member’s Relative Fully Divests Holdings

Mrs. Vũ Huyền Trang, spouse of Mr. Phạm Ngọc Quốc Cường—a Board Member at Vietnam Railway Construction Corporation (UPCoM: RCC)—fully divested her holdings of nearly 1.3 million shares (3.97% of capital) between August 22 and September 19, 2025.

Based on the average closing price during the trading period (20,895 VND per share), Mrs. Trang is estimated to have earned nearly 27 billion VND from this transaction.

Another major RCC shareholder, Mr. Đậu Hoàng Việt, also fully divested his holdings of nearly 2.1 million shares (6.44% of capital) on September 22. During this session, RCC shares recorded no matched orders, only negotiated agreements for nearly 3.8 million shares. Thus, it is highly likely that Mr. Việt executed his transaction through a negotiated agreement. The deal’s value is estimated at over 43 billion VND.

BV Asset Seeks to Increase BVL Ownership to Nearly 11%

BV Asset JSC has registered to purchase over 4.8 million shares in BV Land JSC (UPCoM: BVL) through both negotiated agreements and matched orders. The planned transaction period is from September 26 to October 24, 2025, for investment purposes.

If successful, BV Asset will increase its ownership in BV Land from 5.45% to 10.83%, equivalent to nearly 9.7 million shares.

As of the September 23 session close, BVL shares were trading at 18,100 VND per share, up 113% year-to-date, with an average daily liquidity of over 13,100 shares. Based on this price, BV Asset is estimated to require over 87 billion VND to complete the transaction.

Following Younger Brother’s Lead, CKG Chairman Registers Sale of 3 Million Shares

Mr. Trần Thọ Thắng, Chairman of CKG’s Board of Directors, has registered to sell 3 million shares due to personal financial needs. The transaction will be executed from September 26 to October 24 through matched orders or negotiated agreements.

If successful, Mr. Thắng will reduce his holdings in CKG from nearly 12.7 million shares (7.85%) to nearly 9.7 million shares (5.99%). Based on the latest closing price of 13,850 VND per share (September 23), he could earn nearly 42 billion VND.

Shortly before the Chairman’s divestment, his younger brother, Mr. Trần Thọ Công, registered and sold 66,000 shares via matched orders on September 4–5, reducing his holdings from nearly 127,000 shares (0.08%) to nearly 61,000 shares (0.04%).

VinaCapital Fund Registers Sale of Over 9 Million KDH Shares

Vietnam Investment Limited, a fund under VinaCapital, has registered to sell nearly 9.3 million shares in Khang Dien House Investment and Trading JSC (HOSE: KDH) from September 30 to October 29 to rebalance its investment portfolio.

If successful, Vietnam Investment Limited’s ownership in KDH will decrease from 1.189% to 0.361%, equivalent to over 4 million shares. Based on the opening price of 33,650 VND per share on September 26, the transaction value is estimated at nearly 313 billion VND.

Previously, from August 12 to September 10, another VinaCapital fund, Hung Thinh VinaCapital Equity Fund, registered to purchase 850,000 shares but executed no transactions due to unfavorable market conditions. Consequently, the fund maintains its holdings at 616,410 shares (0.0549%).

PVI Fund Seeks to Divest from Kim Tiền Thảo Kidney Stone Drug Manufacturer

PVI Opportunity Fund (POF) has registered to sell its entire stake in OPC Pharmaceuticals (HOSE: OPC), the manufacturer of the renowned Kim Tiền Thảo kidney stone treatment.

POF is managed by PVI Fund Management JSC (OTC: PVIASSET), a subsidiary of PVI Holdings (HOSE: PVI).

POF plans to sell nearly 8.6 million shares, representing 13.4% of the pharmaceutical company’s 1.45 trillion VND market capitalization. The transactions will be executed through negotiated agreements or matched orders from September 25 to October 3.

List of Company Leaders and Relatives’ Transactions from September 22–26, 2025