According to the announced information, Mr. Pham Anh Duong, Chairman of the Board of Directors of An Phat Holdings Corporation (code APH) registered to sell all 11.8 million shares he is holding.

From September 6 to 24, Mr. Duong only sold 6.6 million shares, through order matching on the floor. The transaction was not completed due to unfavorable market conditions. The remaining number of shares is 5.2 million units.

Mr. Duong then continued to register to sell the remaining shares between October 1 and 30, through negotiation or order matching on the stock exchange, to restructure his investment portfolio. If this transaction is successful, Mr. Duong will no longer hold any APH shares.

On the stock market, APH shares are traded at 6,440 VND/share. Based on this par value, with the number of shares he is holding, Mr. Duong has assets of over 75 billion VND.

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Mr. Pham Anh Duong. Photo: APH

On September 6, Mr. Duong submitted a resignation letter from the position of Chairman of the Board of Directors and withdrew from the Board of Directors for personal reasons. Mr. Duong remains Chairman of the Board of Directors and fully exercises the rights and obligations of the Chairman of the Board of Directors until the General Meeting of Shareholders approves the dismissal of the position of Board member and elects a replacement.

Mr. Duong started working at An Phat Holdings in 2002. He was elected as Chairman of An Phat Holdings in March 2017 and will continue to hold this position for the 2022-2027 term. Chairman Pham Anh Duong is considered a dedicated leader who has been with An Phat Holdings for more than 20 years.

Not only the chairman, many other leaders of An Phat Holdings have also sold large amounts of shares recently. Mr. Pham Do Huy Cuong, member of the Board of Directors and General Director, sold 750,000 shares (accounting for 0.46%). Mr. Cuong currently holds 1.12 million shares.

Ms. Nguyen Thi Tien, Vice Chairwoman of the Board of Directors and Deputy General Director, sold 750,000 shares. Ms. Tran Thi Thoan, Deputy General Director in charge of production, sold all 500,000 shares. Ms. Hoa Thi Thu Ha, Deputy General Director in charge of finance, sold 500,000 shares.

In addition, An Phat Holdings continues to have changes in senior personnel. Recently, the company announced the dismissal of Mr. Nguyen Le Thang Long from the position of deputy general director from September 25th according to his personal wishes.

An Phat Holdings is expected to hold an extraordinary general meeting in 2024 in October.

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