Viet Tin Securities JSC has just announced the transaction between Ms. Hoang Ngan Ha, transferring 6.8 million shares, equivalent to 49% of charter capital to Tin Global Pte. Ltd. The estimated transfer value is 169.5 billion VND, equivalent to more than 25,200 VND/share.
Declining revenue and increasing costs caused Viet Tin Securities to suffer losses in the first quarter (Photo TL)
After the transaction, the shareholders of Viet Tin Securities include: Tin Global Company (49% of charter capital), Minh Thanh Tourism JSC (49% of charter capital) and Ms. Nguyen Thi Thuy Trang (2% of charter capital).
Regarding the new shareholder of Viet Tin Securities, Tin Global Company is a new legal entity established on September 25, 2023 in Singapore with an operating model of owning equity capital of other companies.
The transfer of Viet Tin Securities shares to a Singaporean legal entity took place in the context of many uncertainties in the company's operations. In the first quarter, Viet Tin Securities reported a loss of VND523 million, more than double the loss compared to the same period last year. The reason given was that Q1 revenue decreased by 27% compared to the same period due to market fluctuations. In addition, operating and management costs also increased by 19%, causing the loss.
Source: https://www.congluan.vn/chung-khoan-viet-tin-kinh-doanh-thua-lo-doi-tac-singapore-thau-tom-49-co-phan-post299745.html
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