T&T Group has not yet traded 74.5 million SHB shares.

T&T Group Joint Stock Company has just sent a document to the Ho Chi Minh City Stock Exchange regarding the results of share transactions by related parties of insiders.

Accordingly, T&T Group did not complete the sale of 74.5 million shares of Saigon - Hanoi Commercial Joint Stock Bank (HoSE:SHB ) due to not meeting expectations.

On May 9th, T&T Group registered to sell 74.5 million shares of Saigon - Hanoi Commercial Joint Stock Bank (HoSE: SHB) for the purpose of restructuring its investment portfolio. The transaction will be conducted through order matching and/or negotiated transactions between May 13th and June 10th.

Prior to the transaction, T&T Group held 361.9 million SHB shares, representing 9.99% of the total listed shares. After the successful completion of the transaction, the number of SHB shares owned by T&T Group would be reduced to approximately 287.4 million shares, equivalent to a 7.94% ownership stake in the total listed shares. However, due to the unsuccessful transaction, the number of SHB shares held by T&T Group remains unchanged.

The chart shows the price movements of SHB shares during the period when T&T Group registered to sell its shares.

Previously, Mr. Do Quang Vinh - Vice Chairman of the Board of Directors and General Director of SHB, son of Mr. Do Quang Hien - Chairman of the Board of Directors of SHB, reported that only 25.73 million SHB shares had been successfully purchased through negotiated transactions on May 8th and 9th, 2024.

While Mr. Vinh registered to buy 100.2 million SHB shares between April 19th and May 17th, intending to increase his ownership to 101.1 million shares, equivalent to 2.79% of the capital, the transaction was not completed due to unfavorable market conditions.

Prior to the transaction, Mr. Do Quang Vinh, son of Chairman Hien, held 939,722 SHB shares, equivalent to 0.026%. After the transaction, Mr. Do Quang Vinh's ownership increased to nearly 26.7 million shares, equivalent to 0.74% of the capital.

On May 8th and 9th, Ms. Do Thi Minh Nguyet, Mr. Hien's sister, successfully sold all of her more than 25.73 million SHB shares, equivalent to 0.711% of the bank's charter capital, through negotiated transactions from May 8th to May 9th, 2024.

Following the transaction, Ms. Nguyet no longer holds any SHB shares, effectively divesting all her capital in the bank. Based on the SHB share price at the close of trading on May 9th, which was 11,750 VND per share, Ms. Nguyet's sister has reportedly made a profit of nearly 302.4 billion VND .

Source: https://www.nguoiduatin.vn/tap-doan-tt-chua-giao-dich-745-trieu-co-phieu-shb-a668170.html