Billionaire Pham Nhat Vuong wants to contribute nearly 88 million VIC shares to VinSpeed

Mr. Pham Nhat Vuong, Chairman of the Board of Directors of Vingroup Corporation (stock code: VIC) has just announced to the Ho Chi Minh City Stock Exchange (HOSE).

Specifically, Mr. Vuong registered to transfer ownership of more than 87.5 million VIC shares, equivalent to 2.26% of Vingroup's charter capital, to contribute to VinSpeed ​​High-Speed ​​Railway Investment and Development Joint Stock Company.

The ownership transfer transaction is expected to be carried out through the Vietnam Securities Depository and Clearing Corporation (VSDC), expected from June 24 to July 23, 2025.

After the transaction, billionaire Pham Nhat Vuong will still hold more than 449.9 million VIC shares, accounting for 11.6% of Vingroup's charter capital.

Also in June, Mr. Vuong completed transferring ownership of more than 48 million VIC shares (equivalent to 1.24% of Vingroup's charter capital) to VinSpeed.

According to a report by Vingroup Corporation on June 18, Mr. Pham Nhat Vuong has completed the transfer of ownership of more than 70.6 million VIC shares to contribute additional capital to VinEnergo Energy Joint Stock Company.

VIC stock fluctuations in recent times Source: Fireant

VinEnergo Energy Joint Stock Company was established in March 2025 with the main business line of electricity production.

According to information from HOSE, VinEnergo will be a joint venture partner with Vingroup to invest in the Hai Phong LNG Thermal Power Plant project, located in Tan Trao Industrial Park, Kien Thuy District, Hai Phong City.

The project has a land use area of ​​approximately 98,515 hectares with a designed capacity of 4,800 MW. The operation period is not more than 50 years from the date of approval.

Source: https://nld.com.vn/ti-phu-pham-nhat-vuong-muon-gop-tiep-gan-88-trieu-co-phieu-vic-vao-vinspeed-196250619220937696.htm