Dragon Capital is buying up real estate stocks.

Dragon Capital has been steadily increasing its holdings in real estate companies such as Khang Dien and Taseco Land, and has registered to invest at least $50 million in DMX's IPO.

Dragon Capital increases its stake in Khang Dien House and Taseco Land. Photo: KDH .

Dragon Capital, a group of foreign funds, has just reported changes in the ownership of related foreign investors who are major shareholders, holding 5% or more of the shares.

Accordingly, on June 11th, the Samsung Vietnam Securities Master Investment Trust (Equity) fund purchased an additional 94,700 KDH shares of Khang Dien House Investment and Business Joint Stock Company (HoSE: KDH). After the transaction, the total ownership stake of the Dragon Capital group in this company increased to over 6% of the company's capital.

Previously, Dragon Capital also restructured its portfolio at Taseco Real Estate Investment Joint Stock Company - Taseco Land (HoSE: TAL).

Specifically, on June 8th, Norges Bank's member fund sold 32,000 TAL shares, reducing its holdings from nearly 9.59 million shares to over 9.55 million shares, equivalent to nearly 1.9% of the charter capital. However, conversely, Vietnam Enterprise Investments Limited (VEIL) fund purchased 50,000 TAL shares, increasing its ownership stake to 3.59%.

Following these transactions, the total number of TAL shares held by the Dragon Capital group increased from over 50.38 million units to over 50.4 million units, representing an ownership stake of over 10%.

Notably, just a few days earlier, Dragon Capital also confirmed its subscription to purchase a minimum of $50 million worth of shares in the IPO of Dien May Xanh Investment Joint Stock Company (DMX), equivalent to nearly VND 1,350 billion .

You may also like

World gold prices plummeted to below $4,000.Under pressure from a strengthening US dollar and expectations of high US interest rates, world gold prices fell below $4,000 per ounce for the first time in the latest trading session.

What is Lien Khuong Airport like now?After being closed for over three months for runway and taxiway repairs, Lien Khuong Airport is entering the final stages of completion, preparing for its reopening.

Who is the Hanoi tycoon who won a nearly 1.4 trillion VND land deal but then forfeited his deposit, losing 135 billion VND?Just over a week after winning the auction for the prime real estate at 18 Cao Bá Quát (Hanoi) for over 1.379 billion VND, Duyên Hà Co., Ltd. unexpectedly withdrew its deposit, accepting a loss of approximately 135 billion VND.

Sharing his thoughts on the investment decision, Mr. Le Anh Tuan, General Director of Dragon Capital, said that DMX possesses a rare combination of sustainable growth, stable dividend streams, and long-term expansion potential.

According to Mr. Tuan, one of the most attractive factors is the EraBlue joint venture in Indonesia – a business segment considered to have significant growth potential but which is not fully reflected in the current valuation.

"At the IPO price, investors have essentially only paid about 10 times the profit for the business in Vietnam; the value from Indonesia is almost unrecorded. According to internal estimates, EraBlue alone could reach a valuation of approximately $1 billion by 2030 - a value that the core multiple barely reflects," a representative from Dragon Capital emphasized.

Although the scale of recent buy transactions is not very large and the investment in DMX is not yet complete, Dragon Capital's consecutive moves partly show that foreign investors' sentiment is gradually becoming more positive towards the Vietnamese stock market after a prolonged period of net selling.

Not only have member funds increased their disbursements, but Mr. Le Anh Tuan has also just completed the purchase of 628,924 DCV shares of Dragon Capital Vietnam Investment Fund Management Joint Stock Company (DCVFM).

Prior to the transaction, Mr. Tuan held 86,174 DCV shares, equivalent to 0.28% of the charter capital. After successfully purchasing the registered shares between June 1st and 4th, his shareholding increased to 715,098 units, equivalent to 2.29% of the charter capital.

Based on the average closing price of DCV shares during the trading period of 145,600 VND/share, this CEO is estimated to have spent over 90 billion VND to increase his ownership stake.

You may also like

Aeon Mall is about to open another shopping mall in Vietnam.Bac Ninh province has just issued a decision allowing Aeonmall Vietnam Co., Ltd. to lease nearly 7.7 hectares of land in Tan Tien ward to implement a shopping mall project with a total investment of over 3,900 billion VND.

Gold prices today, June 25, 2026: World gold prices plummet, putting heavy pressure on SJC.Today, June 25, 2026, gold prices on the international market continued to fall sharply, at times dropping well below the $4,000/ounce mark. Domestically, the prices of SJC gold and plain gold rings faced significant pressure.

Gold price today (June 25): Approaching the $4,000 mark.Today's gold prices (June 25) in the domestic market have not seen significant fluctuations across the board, while world gold prices have plummeted sharply after tensions in the Middle East eased.

Source: https://znews.vn/dragon-capital-mua-gom-co-dat-post1659641.html