SSI Securities Corporation has just announced information about Mr. Nguyen Duy Linh, son of SSI Chairman Nguyen Duy Hung, registering to sell all of more than 47.11 million SSI shares (3.12%). The expected transaction time is from August 9 to September 6, for personal financial needs.

SSI also announced that another son of Mr. Nguyen Duy Hung, Nguyen Duy Khanh, General Director of NDH Investment Company Limited - a company chaired by Mr. Hung - registered to buy 32 million SSI shares to increase his ownership ratio. The expected transaction time also coincides with the time Mr. Nguyen Duy Linh sold SSI shares.

After completing the above transaction, Mr. Nguyen Duy Linh no longer holds any shares of SSI. Meanwhile, NDH Investment Company Limited will increase its ownership ratio of SSI from 94,237,688 shares (6.236%) to 126,237 million shares (8.354%).

According to the price on August 6 (about 30,600 VND/share), the value of the shares that Mr. Nguyen Duy Linh wants to sell is about 1,441 billion VND.

It is known that as of April 16, the major shareholder holding SSI shares is Daiwa Securities Group Inc with 231.7 million shares (15.35%). The next company holding more than 6.24% of shares is NDH Investment Company with more than 94.2 million shares.

SSI's recently released Q2/2024 financial report shows positive results with revenue of VND 2,307 billion, up 44.5% over the same period. Pre-tax profit reached VND 1,059 billion, up 60%.

Accumulated in the first 6 months of the year, SSI Securities recorded revenue of VND 4,279 billion and pre-tax profit of VND 2,002 billion - completing 59% of the set plan.