Singer Khanh Phuong sold all his shares, SJC suddenly has a new major shareholder

According to the Hanoi Stock Exchange (HNX), Song Da 1.01 Joint Stock Company (SJC) has just announced information on stock transactions. Individual Nguyen Dinh Linh successfully purchased more than 662,435 SJC shares on September 8.

The percentage of shares held after the transaction is 9.55%. This individual has become a major shareholder of SJC.

Based on the price on September 8 of 12,900 VND/share, it is estimated that Mr. Linh had to spend more than 8.5 billion VND to carry out the above transaction.

Previously, Nam Nhat Khang Investment JSC, a company related to Mr. Pham Khanh Phuong (singer Khanh Phuong) sold 948,600 SJC shares out of a total of 958,600 registered shares from August 11 to August 25.

Similarly, Mr. Pham Khanh Phuong, member of the Board of Directors of SJC, successfully sold all 908,576 shares (13.1% ratio), the transaction was conducted from August 7-25. Mr. Phuong is officially no longer a shareholder of Song Da 10.1.

Provisionally calculated at the average agreed price during the transaction period, Mr. Phuong is expected to earn about 12 billion VND.

At SJC, Ms. Vu Thi Thuy, Mr. Phuong's wife, is currently the Chairwoman of the Board of Directors. In addition, Ms. Thuy is also the Chairwoman of the Board of Directors of Nhat Nam Real Estate Investment and Trading JSC and Song Da Nhat Nam Group JSC.

As VietNamNet reported, Ms. Vu Thi Thuy, General Director of Nhat Nam Real Estate Company, was prosecuted more than ten days ago on charges of fraud and appropriation of assets of more than 10,000 individuals, totaling thousands of billions of VND.

Previously, Hanoi City Police were detaining Ms. Vu Thi Thuy (40 years old, from Thanh Hoa province), General Director of Nhat Nam Real Estate Investment and Trading Joint Stock Company (Nhat Nam Company) for providing false information about Nhat Nam Company having many real estates, investment projects, and high profits to mobilize capital from many individuals, then using part of this money to pay interest to the above individuals. From there, Ms. Thuy appropriated an exceptionally large amount of money.

Recently, this company has established many branches and offices in provinces and cities across the country, attracting many investors with huge profits of up to 5 - 7%/month, equivalent to 60 - 84%/year, along with a number of other incentives.

Singer Khanh Phuong managed to sell all of his SJC shares before his wife was detained . Mr. Pham Khanh Phuong (singer Khanh Phuong) divested all of his capital at Song Da 10.1 before Ms. Vu Thi Thuy was detained for providing false information and appropriating an especially large amount of money.

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