On September 27, the Ho Chi Minh City Stock Exchange (HoSE) announced that Mr. Luong Tri Thin, Chairman of the Board of Directors of Dat Xanh Group, successfully sold 20 million DXG shares between September 11 and 25 through negotiation and order matching. After the transaction, Mr. Thin still holds 104.89 million DXG shares, accounting for 17.15% of the group's charter capital.
Provisionally calculating with DXG's closing price in the session of September 25 at 19,300 VND/share, it is estimated that the Chairman of Dat Xanh earned 386 billion VND.
In addition, Mr. Bui Ngoc Duc, Member of the Board of Directors and General Director of Dat Xanh Group, also successfully sold 430,746 DXG shares from September 7 to 26, reducing his ownership ratio to only 0.082% of charter capital.
Previously, on September 5, Dat Xanh Group approved the policy of Mr. Luong Tri Thin lending the company a maximum amount of 300 billion VND, within 6 months with an interest rate of 6%/year.
Previously, Mr. Luong Tri Tu, Mr. Thin's younger brother, sold 3.685 million DXG shares out of a total of 4.057 million shares registered for sale from August 7 to September 5.
The selling move by Dat Xanh Group's leaders and their families took place in the context of DXG's stock price increasing sharply compared to the beginning of the year, from VND12,750 to VND23,200 on September 21 before sharply adjusting to VND19,200/share.
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