Egroup Education Corporation, whose CEO is Mr. Nguyen Ngoc Thuy (Shark Thuy), has just announced information on stock transactions of related organizations by insiders.
Accordingly, Egroup registered to sell 6 million shares of Apax Holdings Investment Joint Stock Company, stock code IBC (subsidiary).
The number of IBC shares that Egroup held before the transaction was 42.02%. After the transaction, the proportion of IBC shares that this group holds will decrease to about 34.81%. At the same time, this transaction helps the group expect to earn about 60 billion VND if successful. The transaction method is negotiated or matched on the stock exchange.
Transaction target due to financial restructuring needs. Transaction period from March 23 to April 21.

An Apax Leaders facility in Ho Chi Minh City has closed. Photo: Dang Trinh
Regarding IBC shares, at the end of the trading session on March 17, the stock price closed at VND 2,670/share, down 0.37% compared to the previous session.
Meanwhile, regarding the Apax Leaders English system owing parents tuition fees, Mr. Nguyen Ngoc Thuy had a dialogue with parents in Ho Chi Minh City.
As reported by Nguoi Lao Dong Newspaper , on March 15, for the first time since the scandal of closing a series of English centers, owing parents tuition fees, and staff cutting off communication, causing parents everywhere to cry for help, Mr. Thuy had a direct dialogue with parents. Apax Leaders' priority at this time is to reopen the centers as soon as possible so that students can return to school.
The owner of Apax Leaders also confirmed that he will refund tuition fees but needs more time.
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