Nam Long Chairman Sells 3 Million NLG Shares

Mr. Nguyen Xuan Quang, Chairman of the Board of Directors, has sold 3 million NLG shares, reducing his holdings to 33.5 million shares, which now represent an 8.69% stake in Nam Long.

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Mr. Nguyen Xuan Quang, Chairman of the Board of Directors of Nam Long Investment Corporation (stock code: NLG, HoSE), has reported the sale of 3 million NLG shares from September 12, 2025, to October 10, 2025.

Following this transaction, Mr. Quang’s NLG shareholding will decrease from approximately 36.5 million shares to nearly 33.5 million shares, reducing his ownership stake from 9.47% to 8.69% of Nam Long’s capital.

Mr. Nguyen Xuan Quang – Chairman of Nam Long’s Board of Directors

In related news, Thai Binh Investment Corporation has also registered to sell 2.5 million NLG shares of Nam Long Investment Corporation from September 29 to October 28, 2025, citing portfolio restructuring as the reason.

If successful, Thai Binh Investment’s holdings will decrease from 17.07 million shares (4.43% of charter capital) to 14.57 million shares, representing 3.79% of Nam Long’s capital.

Thai Binh Investment Corporation is chaired by Mr. Nguyen Duc Thuan, a member of NLG’s Board of Directors.

This organization previously registered to divest but only sold 113,000 NLG shares out of the 2.5 million shares registered earlier via order matching from August 20 to September 18. The transaction was incomplete due to the share price not meeting expectations.

Since early September, NLG shares have been adjusting from VND 43,800 per share to around VND 39,000 per share.

In other developments, Nam Long will finalize its shareholder list on October 20, 2025, for a rights issue of additional shares.

Nam Long plans to issue nearly 100.12 million shares, equivalent to 26% of its current outstanding shares. The rights ratio is 100:26, meaning shareholders holding 100 shares can purchase 26 new shares.

The offering price is VND 25,000 per share, with the transfer of rights, subscription, and payment period from October 27, 2025, to November 10, 2025.

Upon completion, Nam Long expects to raise approximately VND 2,503 billion from this offering. Consequently, NLG’s charter capital will increase from nearly VND 3,851 billion to approximately VND 4,852 billion.

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