A series of business leaders continuously registered to sell shares. For example, Mr. Nguyen Van Quan - General Director of HSV Vietnam Group (stock code HSV) registered to sell 3 million shares, equivalent to 19.05% of the company's capital from December 1 to December 29. If the transaction is successful, Mr. Quan will still own 832,500 shares, equivalent to 5.29% of the company's capital. Currently, HSV shares are trading at VND 6,800, nearly double the price at the beginning of this year but only 50% of the price when Mr. Nguyen Van Quan bought them in December 2021.
Leaders of many businesses registered to sell millions of shares.
Meanwhile, Mr. Tran Ngoc Chu, Standing Vice Chairman of the Board of Directors of Hoa Sen Group Joint Stock Company (stock code HSG), registered to sell 1.5 million HSG shares to meet personal financial needs. The transaction is expected to take place from November 27 to December 22, by order matching on the stock exchange and negotiation. After this transaction, Mr. Tran Ngoc Chu will reduce his holdings from 1.78 million shares (equivalent to 0.29% ownership ratio) to more than 280,000 shares (0.046%). Based on the current trading price, it is estimated that Mr. Chu can earn nearly VND32 billion from this sale.
Another business leader, Mr. Phung Tuan Ha - Chairman of the Board of Directors of Petroleum General Services Joint Stock Company (stock code PET) - also registered to sell 2 million PET shares for personal use. The transaction is expected to take place from November 24 to December 23 by order matching on the stock exchange and negotiation. If the transaction is successful, his ownership will decrease from 5.26 million shares (equivalent to 4.9%) to 3.26 million shares (3.04%). Based on the current trading price, it is estimated that Mr. Phung Tuan Ha can earn about 48 billion VND.
Along with the Chairman of the Board of Directors, PET Union also registered to sell all of these more than 1.56 million shares by order matching or agreement. PET shares are currently hovering around VND24,000, down nearly 25% compared to mid-September.
At Pomina Steel Corporation (stock code POM), Ms. Do Thi Nguyet - sister of Mr. Do Duy Thai - Chairman of the Board of Directors of the company has just registered to sell 3.5 million POM shares from November 22 to December 20, by negotiation and order matching on the stock exchange. If the transaction is successful, Ms. Nguyet's ownership at POM will decrease from 4.58 million shares (equivalent to 1.64%) to 1.08 million shares (0.39%). Temporarily calculating at the current trading price, it is estimated that Ms. Nguyet can earn about 16 billion VND after selling some shares.
Previously, Mr. Thai's sister, Ms. Do Nhung, also registered to sell all of her more than 6.57 million POM shares (accounting for 2.35% of capital) for investment purposes. The transaction is expected to take place from November 15 to December 14...
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