Foreign fund unexpectedly becomes major shareholder of APG Securities Company

A Singapore-based investment fund suddenly became a major shareholder at APG Securities JSC (code APG) when it increased its ownership to 5.25% of capital.

According to the information announcement, PANDO 1 INVESTMENT PTE.LTD Investment Fund has successfully purchased an additional 850,400 APG shares, increasing its ownership to 11.74 million units, equivalent to 5.25% of APG's charter capital.

The transaction date that changes the ownership ratio and makes APG a major shareholder is April 14, 2025. At the end of the trading session, APG increased by 3.34%, reaching VND9,900/share. Since the beginning of the year, APG shares have increased by nearly 50%.

Looking at the trading history of this stock, it shows that foreign investors have been "steadily" buying this stock since the beginning of the year, especially in the last weeks of March, APG had huge negotiated orders. In the two sessions of March 24-25, there were negotiated orders of more than 7 million shares, and in the session of March 27, foreign investors bought more than 1.6 million units. In total, in these three sessions alone, foreign investors own more than 8.67 million shares.

Foreign investors continue to buy APG shares despite the volatile Vietnamese stock market in the first week of April due to the 46% tariff shock, with foreign investors selling strongly across the market.

According to the 2025 Annual General Meeting of Shareholders document, APG plans to have a revenue of VND 100 billion, down 14%, but the planned pre-tax profit figure is VND 30 billion, positive compared to the heavy loss figure of nearly VND 146 billion in 2024.

APG also submitted a proposal to cancel the share issuance plans approved at the congress a year ago, including offering nearly 224 million shares to existing shareholders at VND10,000/share and offering 100 million individual shares to professional investors at VND12,000/share.

In 2024, APG is taking drastic actions to restructure its ineffective investment portfolio - the cause of major losses this year; closing branches/transaction offices in Hanoi and moving its headquarters to Ho Chi Minh City.

At the same time, APG also showed its intention to strengthen cooperation with foreign partners, for example, APG wanted to borrow 16 million USD, equivalent to 300 billion VND, from a foreign investment company/fund to supplement capital for business activities.

Source: https://baodautu.vn/quy-ngoai-bat-ngo-thanh-co-dong-lon-cua-cong-ty-chung-khoan-apg-d267967.html