Tong divests from Yeah 1 (YEG)

Nguyen Anh Nhuong Tong, Chair of Yeah 1 (YEG), has sold 4,034,600 YEG shares (12.89 percent) for personal financial settlement. After 16 years of running Yeah 1 since its establishment, Tong has officially left the company’s board of directors.

YEG has already publicized the new leadership. The personnel nominated for the post of members of the board of directors for the new tenure include Le Phuong Thao, who is now deputy CEO of the group; Le Minh Nhat Tin, who is now Deputy CEO, chief technology officer; Tran Hoai Nam, who is chair of the Board of Directors and CEO of Thai Tuan Group; and Nguyen Hoang Giang, who is chair of DNSE.

Dao Phuc Tri, one of two founders of Yeah 1, continues to stay in the post of member of the board of directors and CEO.

Boss Thuy sells Thaiholdings shares

Nguyen Duc Thuy, or Boss Thuy, has registered the sale of 87.4 million Thaiholdings shares (THD), or 25 percent of the company’s charter capital, in June.

Thuy’s divestment is contrary to the information released at Thaiholdings’ general meeting of shareholders that a group of major shareholders would transfer 30.6 million shares to Thuy.

Thuy is the founding shareholder of Thaiholdings, but currently holds no post. Nguyen Van Thuyet, his younger brother, is chair of Thaiholdings.

Thuy is now deputy chair of the board of directors of LienViet Post Bank (LPB). He holds 41.57 million LPB, worth VND625 billion.

Boss Duc sells all shares, is no longer shareholder of HAGL Agrico

In a notice to the HCM City Stock Exchange (HOSE), Doan Nguyen Duc, or Boss Duc, deputy chair of the board of directors of HAGL Agrico, said he has sold 3 million HNG shares (0.27 percent of capital).

The transaction was conducted on May 4-27. During that time, the average price was around VND6,300 per share. As such, after the divestment, Duc collected VND18.9 billion.

At the Hoang Anh Gia Lai annual shareholders’ meeting on April 8, Duc said the group does not intend to make financial investments, so the remaining capital in HAGL Agrico will be sold to get money to pay bank debts.

HAGL Agrico is controlled by a group of shareholders related to Thaco, an automobile manufacturer owned by billionaire Tran Ba Duong (412 million shares, or 37.17 percent of charter capital as of the end of 2021). Duong is also the chair of HAGL Agrico.

Louis Land has no managers

On June 1, the board of directors of Louis Land (BII) received a letter of resignation from the post of CEO submitted by Nguyen Giang Quyen.

On the same day, the board of directors also received a letter of resignation from the posts of member of the board of directors and chair of Louis Land, commencing from May 29, submitted by Hoang Xuan Hanh.

Prior to that, Louis Land had sent a document to the Hanoi Stock Exchange about the dismissal of Hanh from the post of deputy CEO, beginning April 4. On the same day, Hanh was appointed to the post of chair of board of directors, replacing Luc Tan Huy, who resigned from this post.

Do Quang Vinh registers to buy 6 million SHS

Do Quang Vinh, Chair of the Sai Gon – Ha Noi Securities Company (SHS), has registered to buy 6 million SHS shares which could not sell during an offering to existing shareholders.

With the current price of VND12,000 per share, Vinh needs to spend VND72 billion to make the transaction. His ownership ratio is expected to increase to 0.92 percent. 

The individual investors registering to buy more than 1 million shares include Tran Tan Hong Cuong (5 million), Ngo Van Minh (3.5 million), Cao Truong Son (3 million), Vu Trung Thanh (3 million) and Nguyen Xuan Cuong (1.5 million).

MobiFone has new chair

Chair of the Commission for the Management of State Capital at Enterprises Nguyen Hoang Anh has signed a decision on appointing Nguyen Hong Hien to the post of chair of the board of members at MobiFone.

Meanwhile, Nguyen Manh Thang has been appointed to the post of member of the board of members of VNPT (Vietnam Posts and Telecommunications Group).

Bao Anh