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Major shareholders and business leaders are aggressively 'dumping' stocks

Báo Thanh niênBáo Thanh niên01/06/2023


Many stocks, despite their flat liquidity, have been continuously registered by leaders and major shareholders to sell. This has made many investors worry that the stocks will not recover in the short term. For example, Mr. Ha Ngoc Son - General Director of TV.Pharm Pharmaceutical Joint Stock Company (stock code TVP) has registered to sell all 426,600 shares he owns. The transaction will be carried out by order matching and negotiation from June 1 to June 30.

Cổ đông lớn, lãnh đạo các doanh nghiệp lại mạnh tay 'xả' cổ phiếu - Ảnh 1.

Many leaders and major shareholders continuously sell large amounts of shares.

In addition, Mr. Le Thanh Tung - Deputy General Director of this company also registered to sell all 55,047 shares by negotiation and order matching during the same period. TVP shares are currently priced at VND26,000, up 30% compared to the beginning of May.

Similarly, Mr. Nguyen Huu Minh, Head of the Board of Supervisors of Nhon Trach 2 Petroleum Power Joint Stock Company (stock code NT2) registered to sell 50,000 shares for personal reasons. The transaction method is order matching in the period from June 2 to 30. If this transaction is completed, Mr. Nguyen Huu Minh will only have 2,844 NT2 shares left.

For Licogi 14 Joint Stock Company (stock code L14), the largest shareholder, Licogi Corporation, registered to sell 880,000 shares out of a total of more than 6.85 million shares it owns (accounting for 22.22%). The implementation period is from May 30 to June 28 by order matching method. At the end of the session on May 31, L14 shares stood at VND45,000, unchanged from the beginning of the year.

Recently, Ms. Ta Thi Dinh - Chairwoman of the Board of Directors of Duc Trung Investment Joint Stock Company (stock code DTI) announced that she sold 1 million shares from April 28 to May 23. Or Mr. Bui Quang Vu - General Director of Phat Dat Real Estate Development Joint Stock Company (stock code PDR) sold 18.7 million shares from May 22 to 25.

The Board of Directors of Ho Chi Minh City Infrastructure Investment Joint Stock Company (stock code CII) has just approved the sale of all more than 31.7 million treasury shares. As of March 31, CII's financial report recorded the number of treasury shares worth VND 737 billion, equivalent to VND 23,179/share, 30% higher than CII's closing price on May 31 at VND 17,600/share. Earlier in early 2022, CII announced its intention to sell more than 44 million treasury shares due to financial needs. In fact, the company has sold 12.5 million treasury shares...



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