Big Invest Group's "big boss" sells shares en masse

According to Tien Phong Newspaper, Mr. Vo Phi Nhat Huy - Chairman of the Board of Directors of Big Invest Group Joint Stock Company (stock code: BIG), has just sold 800,000 BIG shares to reduce ownership to 2,672,653 shares (equivalent to 17.72% of charter capital), the transaction was conducted from December 5 to 12.

Mr. Vo Phi Nhat Huy has just bought 2.5 million BIG shares in a private offering of 3,035,000 shares (offering price 10,000 VND/share) to increase ownership from 16% to 23.02% of charter capital on October 21, 2024.

Thus, Mr. Vo Phi Nhat Huy retains all 2.5 million newly purchased individual shares that are in the 1-year restricted transfer period, and sells all 800,000 freely transferable shares.

Notably, on December 12, Ms. Nguyen Thi Hao - Deputy General Director of Big Invest Group Joint Stock Company also sold 25,000 shares to reduce her ownership from 0.87% to 0.71% of charter capital. In addition, from December 20, 2024 to January 17, 2025, Mr. Kieu Van Khoa - member of the Board of Directors registered to sell 50,100 BIG shares to reduce her ownership from 2.69% of charter capital to 2.35% of charter capital.

Big Invest Group was established in November 2017.

According to research, Big Invest Group was established in November 2017, formerly Nam Son Technology Equipment Joint Stock Company. The enterprise is headquartered in Hanoi , operating in the field of buying and selling construction materials, construction machinery and equipment, providing construction machinery and equipment rental services with a charter capital of 10 billion VND.

According to Dau Tu Newspaper, in 2019, Big Invest Group entered the real estate sector and conducted two stock offerings to existing shareholders to increase its charter capital to VND50 billion, five times the amount at the time of establishment.

Regarding business results, Big Invest Group announced its most recent financial report for 2023. In which, at the end of 2023, the company made a slight profit of 2.3 billion VND compared to the same period with a loss of 1.22 billion VND, an increase of 3.52 billion VND.