Ho Chi Minh City Stock Exchange has just announced information on stock transactions of related persons of insiders of Military Commercial Joint Stock Bank (MB – HoSE: MBB).
Accordingly, SCIC Investment One Member Co., Ltd. (SIC) - an organization related to Ms. Vu Thai Huyen, Member of MB Board of Directors, has just registered to sell all 1.35 million MBB shares for financial investment purposes.
Ms. Huyen is the representative of the equity of the State Capital Investment Corporation - Owner of SCIC Investment LLC at MB.
The expected transaction time is from February 20 to March 20 by order matching and/or negotiation.
Before the transaction, SCIC Investment owned 1.35 million MBB shares, equivalent to 0.026%. If the transaction is successful, SCIC Investment will no longer hold MBB shares and will divest all capital at MB.
MBB stock price movements in the past 3 months (Photo: FireAnt).
Between January 17 and February 15, SCIC Investment also registered to sell 3 million MBB shares. However, due to market fluctuations, the company has only successfully sold 1.65 million shares through order matching.
On the other hand, before registering to sell all shares, SCIC Investment registered to buy 1.38 MBB shares in the form of order matching or negotiation from December 27, 2023 to January 25, 2024. The purpose is financial investment.
However, at the end of the offering, SIC was unable to purchase any MBB shares due to market fluctuations. Currently, SIC's parent company, SCIC, is the second largest shareholder at MB, holding 459.5 shares, equivalent to 9.42%.
On the stock market, at the end of the session on February 16, MBB shares decreased by 0.62% to VND 24,000/share with a trading volume of more than 16.1 million shares .
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