Song Da Corporation wil meer as 38% van sy kapitaal verkoop

From February 8 to 28, 2022, Song Da Corporation registered to sell all more than 5.8 million shares of Su Pan 2 Hydropower Joint Stock Company (UPCoM: SP2) for the purpose of financial restructuring.

- Name of the organization performing the transaction: Song Da Corporation - JSC

- Stock code: SP2

- Number of shares held before trading: 5,806,000 shares (ratio 38.39%)

- Name of person concerned at TCNY: Khuong Duc Dung

- Current position of NCLQ in a listed organization: Member of the Board of Directors

- Current position of NCLQ at the transaction organization: Representative of contributed capital

- Number of shares NCLQ is holding: 0 shares (rate 0%)

- Name of person concerned at TCNY: Do Anh Thai

- Current position of NCLQ in a listed organization: Head of Supervisory Board

- Current position of NCLQ at the transaction organization: Other

- Number of shares NCLQ is holding: 0 shares (rate 0%)

- Name of person concerned at TCNY: Do Duc Manh

- Current position of NCLQ in a listed organization: Member of the Board of Directors

- Current position of NCLQ at the transaction organization: Representative of contributed capital

- Number of shares NCLQ is holding: 0 shares (rate 0%)

- Number of shares registered for sale: 5,806,000 shares

- Purpose of the transaction: Financial restructuring

- Trading method: Negotiating and matching orders

- Expected start date of trading: 08/02/2022

- Expected closing date of the transaction: February 28, 2022.

General Director of VPH wants to divest all capital in the first month of the new year.

On the last day of the New Year 2021, General Director cum Member of the Board of Directors of Van Phat Hung JSC (HOSE: VPH) - Mr. Truong Thanh Nhan registered to sell almost all of nearly 1.4 million shares of VPH (1.45%) that were sold. I own from 09/02-09/03.

If the transaction is successful, Mr. Nhan will only own 49 VPH shares, equivalent to the rate of 0.0001%. Considering the closing price of the 28/01 session of 12,950 VND/share, the General Director can collect nearly 18 billion VND from the sold shares.

Mr. Nhan's divestment took place in the context that VPH's stock price was on the verge of correction after reaching a historic peak on January 11, 2022. After the session on January 28, VPH's stock price was more than 33% away from the new peak.