New boss of Hoa Binh Construction wants to buy 2 million shares

Hoa Binh Construction Group Joint Stock Company (HBC) has just announced that Mr. Le Van Nam, General Director, has registered to purchase 2 million shares between June 20th and July 19th.

If the transaction is successful, Mr. Nam will increase his ownership in HBC to 2.03 million shares, equivalent to 0.74%.

At the close of trading on June 16th, HBC shares were priced at 9,110 VND per share. Based on this price, it is estimated that Mr. Nam could spend approximately 18 billion VND to purchase the shares.

The new General Director of Hoa Binh Construction wants to buy 2 million shares. (Photo: HBC)

Mr. Nam assumed the position of General Director of HBC on June 1st. In addition, Mr. Nam also represents HBC's capital stake in its subsidiary, Hoa Binh House Joint Stock Company.

In the list of nominees for the new term of the Board of Directors recently announced by HBC, Chairman Le Viet Hai introduced two members, including Mr. Nam and Mr. Mai Huu Thung.

Mr. Mai Huu Thung has 27 years of experience working at Vietnam Insurance (Bao Viet). He currently holds the positions of Chairman of the Board of Directors of Thanh Ngan Real Estate Joint Stock Company and member of the Supervisory Board of Dien 1 Construction Consulting Joint Stock Company.

The Board of Directors of HBC has also just received the resignation letter from Mr. Le Quoc Duy from his position as a member of the Board of Directors. Mr. Duy's resignation will be considered at the upcoming 2023 Annual General Meeting of Shareholders.

On the stock market, HBC shares have just been moved from the controlled category to the restricted trading category by the Ho Chi Minh City Stock Exchange due to the failure to submit the audited financial statements for 2022 more than 45 days after the deadline.

DIG replaces 2 out of 5 members of its Board of Directors for the new term.

The General Corporation for Investment and Construction Development (DIG) has also just announced the list of 5 people elected to the position of Board Member for the 2023-2027 term.

The three original members are Mr. Nguyen Thien Tuan, Mr. Nguyen Hung Cuong, and Ms. Nguyen Thi Thanh Huyen. The two new members are Mr. Nguyen Quang Tin and Mr. Dinh Hong Ky, replacing the two former members, Mr. Hoang Van Tang and Mr. Phan Van Danh.

Previously, on June 6th, DIG announced the dismissal of Mr. Hoang Van Tang from the position of General Director and the appointment of Mr. Nguyen Quang Tin to replace him.

On the market, DIG shares once reached a peak of over 40,000 VND/share in August 2022 and then plummeted to 12,000 VND/share in November 2022.

DIG shares have been in a recovery phase since the beginning of the year. At the close of trading on June 16th, DIG shares reached a value of 20,800 VND/share, a 28% increase compared to the beginning of the year.

Sacombank employee nominated to Bamboo Airways' Board of Directors

Bamboo Airways Joint Stock Company has just announced the list of candidates nominated for the Board of Directors and the Supervisory Board for the term 2023-2028.

This list includes familiar faces such as Mr. Nguyen Ngoc Trong, Mr. Doan Huu Doan, Mr. Le Ba Nguyen, and Mr. Le Thai Sam. Notably, the list includes three new figures: Mr. Phan Dinh Tue, Mr. Hideki Oshima, and Mr. Tran Hoa Binh.

Mr. Hideki Oshima (born in 1962) is the former Director of International Relations and Airline Alliances at Japan Airlines.

Mr. Phan Dinh Tue is a member of the Board of Directors of Sacombank. He has 39 years of experience in the banking sector. Recently, Mr. Tue resigned from his position as Deputy General Director of Sacombank.

Family members of leaders buy shares.

This past week, the stock market was booming, with many family members and executives of companies taking advantage of the opportunity to buy shares.

At Hoa Binh Securities Joint Stock Company (HBS), between June 8th and July 7th, Mr. Nguyen Anh Duc, a member of the Board of Directors, registered to purchase 2.4 million shares through negotiated transactions, with the aim of increasing his ownership stake.

Similarly, Mr. Le Xuan Tung, the younger brother of Mr. Le Dinh Duong, Vice Chairman of the Board of Directors, registered to purchase 3.2 million shares through a negotiated transaction.

If the transaction is successful, Mr. Duc will increase his ownership stake from 17.58% to 24.85%, and Mr. Tung's stake will increase from 0% to 9.69%, officially making them major shareholders in HBS.

HBS shares have also surged since the beginning of the year. As of the close of trading on June 16th, HBS shares reached 9,200 VND/share, a 92% increase compared to the beginning of the year.

HBC shares are subject to trading restrictions; what does Chairman Le Viet Hai say? Following the trading restrictions on HBC shares, Mr. Le Viet Hai has issued an explanation.

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