Mr. Ha Duc Hieu, member of the Board of Directors of Dat Xanh Group Joint Stock Company (code DXG - HoSE), has just registered to sell 6,355,000 DXG shares, equivalent to nearly 94% of the shares he is holding (nearly 6.8 million shares). The transaction is expected to take place from August 4 to September 1, 2025 by order matching or negotiation.
The announcement was made on July 29 - a session of deep decline for the entire market with nearly 90 stocks falling by the largest margin. In this session, DXG shares also fell to the floor by 6.92% to VND19,500/share. It is estimated that based on the closing price of the session on July 29, if this sale is successful, Mr. Hieu could earn approximately VND124 billion.
Previously, Mr. Hieu completed the purchase of 5 million DXG shares in the first half of May 2025 to increase ownership. In addition, a number of shares that Mr. Hieu already owned, along with bonus shares from the 17% stock bonus distribution in early June 2025. Compared to the average cost price of more than VND 14,000/share (the price has been adjusted due to the exercise of the stock bonus distribution right), the provisional profit reached about 35% after less than 3 months.
The purpose of the transaction was announced to reduce the ownership ratio. If the "profit taking" after the above transaction is completed, Mr. Hieu will only hold 414,033 DXG shares. The corresponding ownership ratio will decrease from 0.66% to 0.04% of charter capital.
Previously, another leader at Dat Xanh Group also registered to sell shares. Specifically, General Director Bui Ngoc Duc is conducting a transaction to sell 744,418 shares out of a total of 1,696,418 shares he is holding. The transaction is expected to take place from July 24 to August 22, 2025, by negotiation or order matching. Mr. Bui Ngoc Duc has been the General Director of Dat Xanh Group since 2020 and continues to receive a re-appointment decision for another 5 years from July 1, 2025.
In the context that DXG's stock price has increased sharply in recent times thanks to the expectation of recovery of the real estate industry and has been negatively affected by the general adjustment, the plan to sell by the two leaders of Dat Xanh aims to restructure their personal investment portfolios and reduce their ownership ratio, but it may have a greater impact on the stock price movements during this period. The company has not yet announced its second quarter financial report. However, the deadline for announcing the report is in the upcoming business results season.
In the second quarter of 2025, Dat Xanh opened bookings for The Privé project. According to information from Shinhan Securities, the company received more than 3,000 bookings (deposits to hold a place) for 3,175 apartments in The Privé project in the quarter. The investor plans to open the project for sale in the second half of 2025, after completing the foundation construction and receiving the opening license. The Privé is the former Gem Riverside project, located in An Phu ward, Thu Duc city, Ho Chi Minh city. This project has a scale of 6.7 hectares, 12 towers, with 3,175 products, opened for sale by Dat Xanh since 2018 but then temporarily stopped due to legal problems. Opening for sale in the second half of the year may have a positive impact on cash flow. However, the period of 2025 - 2026 is not yet a boom year for DXG's revenue and profit.
Projected 2025 thanks to the contribution of brokerage segment and Gem Sky World project helps DXG recover stably. Although 2025 - 2026 is not the year of explosive revenue and profit of DXG,
"This is an important pivotal year marking the return of important projects after nearly 8 years of delay, which will bring a large source of profit in the medium term, namely The Privé project. Dat Xanh's net profit in 2025 is forecast to increase by 23% over the same period, reaching VND311 billion, contributed by the next phases of the GSW project and revenue from the brokerage segment of the subsidiary," an expert from Shinhan Securities also predicted.
Source: https://baodautu.vn/mot-lanh-dao-cua-tap-doan-dat-xanh-dang-ky-ban-gan-64-trieu-co-phieu-dxg-d344172.html
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