Shocking Market Volatility: CRV Offers 16.8 Million Shares to the Public

CRV Real Estate Group Joint Stock Company (HOSE: CRV) has announced a public offering of additional shares to raise capital for the development of a real estate project in Hai Phong City.

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Chairman of CRV – Mr. Do Huu Ha

In a notice dated November 24th, CRV announced plans to offer 16.81 million shares at a price of VND 26,000 per share. The rights issue ratio is set at 40:01. The subscription period will run from December 15th, 2025, to January 8th, 2026.

According to the company, the capital raised will be used to finance the construction of a new urban area (Hoang Huy New City – II) along the extended Do Muoi Road and its surrounding areas in Thuy Nguyen District, Hai Phong City.

CRV is part of the ecosystem of Hoang Huy Financial Investment Services JSC (HOSE: TCH) and has been listed on the HOSE since October 2025. As of September 5th this year, over 89% of CRV‘s shares are held by five institutions, including its parent company TCH and other affiliated companies. Mr. Do Huu Ha, Chairman of TCH, also serves as Chairman of CRV.

During its initial days on the market, CRV‘s stock price experienced significant volatility, surging to VND 40,900 per share before plummeting to VND 30,700 per share as of the close on November 24th. The stock’s trading liquidity remains low due to its concentrated ownership structure. In the most recent month, the average daily trading volume of CRV was only 6,376 shares.

Trading performance of CRV since its HOSE listing

Thua Van

– 19:15 November 24th, 2025

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