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Mr. Pham Nhat Vuong's private company registered to buy 16 million Vinhomes shares.

VnExpressVnExpress18/09/2023


Vietnam Investment Group currently does not own any VHM shares, but has just registered to buy 16 million units in the next month.

Vietnam Investment Group Joint Stock Company plans to buy the above shares through order matching or negotiation from September 21 to October 20. If successful, this company will hold 0.37% of Vinhomes' charter capital.

According to the stock trading registration, Vietnam Investment Group said that Mr. Pham Nhat Vuong - a member of the Board of Directors of Vinhomes - owns a controlling stake in the enterprise. Based on the closing price of VHM shares today at VND49,000, it is estimated that the company related to Mr. Pham Nhat Vuong must spend nearly VND800 billion to complete the transaction.

Vinhomes is a member company in charge of the real estate sector of Vingroup Corporation (VIC). In the first half of 2023, the total consolidated net revenue converted, including operating revenue, business cooperation contracts and real estate transfers recorded in Vinhomes' financial income reached VND 75,578 billion, 4 times higher than the same period in 2022.

The total consolidated profit after tax of this enterprise reached more than 21,600 billion VND, nearly 4 times higher than the 6-month period of 2022 and achieved 72% of the annual plan.

Minh Son



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