Rong Viet Securities, a major shareholder, wants to sell 5 million shares.

Recently, the management and related parties of insiders at Rong Viet Securities Joint Stock Company (VDSC - ticker VDS) have been continuously trading shares.

Most recently, according to information published on the HoSE, Ms. Pham My Linh - a person related to Mr. Pham Huu Luan (a member of the VDSC Board of Directors) - has registered to sell 5 million VDS shares.

Currently, Mr. Pham Huu Luan only holds over 130,000 VDS shares; however, his mother, Ms. Pham My Linh, is a major shareholder of VDS with nearly 30 million shares, equivalent to an 11.22% ownership stake.

Ms. Linh has registered to sell 5 million shares to meet personal financial needs, with the transaction period from September 8th to October 6th, 2025. If the transaction is completed, Ms. Linh's ownership stake will decrease from 11.22% to 9.35%.

Ms. Pham My Linh was formerly a member of the Board of Directors of VDS and resigned in 2023. Currently, Ms. Linh remains the managing director at Hoang Trieu Company Limited.

Currently, VDS shares are trading at around 24,000 - 25,000 VND per share. If she sells all of her shares, Ms. Linh expects to earn approximately 123 billion VND.

On the VDS side, this securities company recently issued 4.7 million shares under its 2025 employee stock option program (ESOP), increasing its charter capital to VND 2,720 billion. These shares were distributed to 207 individuals at an issue price of VND 10,000 per share.

Meanwhile, some major shareholders are showing signs of divesting their holdings.

Prior to Ms. Pham My Linh, another major shareholder, Mr. Nguyen Hoang Hiep, sold 10 million VDS shares in the trading session on August 21st. At the price of 23,400 VND per share at that time, it is estimated that Mr. Hiep earned 234 billion VND. Following this transaction, Mr. Hiep's ownership stake in VDSC decreased from 15.79% to 12.23%.

Currently, the major shareholders of VDSC are all individuals. Besides Mr. Hiep and Ms. Linh, the other two major shareholders are Mr. Nguyen Mien Tuan - Chairman of the Board of Directors of VDSC with a 17% stake and Mr. Nguyen Xuan Do with nearly 16%.

On the stock market, although it has been fluctuating around 24,000 - 26,000 VND/share for nearly 10 sessions, compared to its historical peak, this is currently the highest price for VDS. Compared to the beginning of 2025, the market value of VDS has increased by over 30%.

Regarding business performance, this securities company surprised many by recording a net loss of over 6.9 billion VND in the second quarter. Contrary to market trends, VDSC suffered losses in its proprietary trading segment. While profits from FVTPL in the second quarter amounted to nearly 16.3 billion VND, losses from this activity exceeded 38.4 billion VND, resulting in a net loss of over 22 billion VND for VDSC. In the same period last year, proprietary trading was still the largest contributor to VDSC's operating revenue.

Other activities such as interest from loans and receivables, and brokerage revenue also decreased by 2% and 23% respectively compared to the same period. Only interest from HTM investments increased.

Explaining the loss in the second quarter, VDSC stated that this was a result of adverse market impacts, including a period of decline due to tariff information from the US. Thanks to the profit in the first quarter, VDSC still recorded a profit of VND 10.9 billion in the first six months of the year.

Source: https://baodautu.vn/co-dong-lon-chung-khoan-rong-viet-muon-ban-ra-5-trieu-co-phieu-d378345.html