HCMC – A An Food JSC will list 65 million shares on the Hochiminh Stock Exchange (HOSE) on May 22 at a reference price of VND15,000 per share, valuing the company at around VND975 billion on its stock market debut.
The first trading session will allow a trading band of 20%. Before the listing approval, the company raised its charter capital from VND350 billion to VND650 billion.
Following the capital increase, Tan Long Group cut its stake in A An Food from 44.29% to below 5% and is no longer a major shareholder. Siba Holdings became the largest shareholder with a 52.14% stake.
Investor Truong Manh Linh raised his ownership from zero to 2.14%, while other shareholders increased their combined holdings from 3.57% to 45.72%.
A An Food was established in January 2021 with registered charter capital of VND250 billion. Its contributed capital was later reduced to VND100 billion in October 2021.
The company increased capital to VND350 billion in July 2023. In November 2025, it completed a public offering of 30 million shares to existing shareholders, raising its charter capital to VND650 billion.
In the first quarter of 2026, A An Food reported revenue of VND792.71 billion, up 8.3% from a year earlier. Net profit rose 85.4% to VND8.51 billion.
Closing the trading session today, May 15, the VN-Index fell 3.86 points, or 0.2%, to 1,921.6 points as losses in large-cap and banking stocks outweighed gains in energy shares.
On the Hochiminh Stock Exchange, 120 stocks advanced while 187 others declined. Trading volume rose 10.3% from the previous session to 744.6 million shares, with value up 4.05% at VND23.05 trillion. Block deals accounted for 36.1 million shares worth VND2.23 trillion.
The VN30-Index lost more than 18 points, with 21 decliners and nine gainers. VIC remained the largest drag on the market, falling 0.8% and taking away nearly three points from the benchmark index.
Other major decliners included MWG, VPB, MSN, HPG, BID and FPT, with decreases between 1.4% and 2.6%.
In the mid- and small-cap segment, NVL rose 3.9% to VND17,300 per share, its intraday high, with more than 31.4 million shares traded.
Energy stocks grew sharply in the afternoon trading session. GAS hit its daily ceiling price, while PLX climbed 5.9%, BSR rose 5%, PVD added 1.4%, and PVT gained 2.6%. BSR led the sector by liquidity with 19.7 million shares traded.
Rubber stocks also picked up. HRC stayed at its ceiling price, PHR surged to the daily limit in the afternoon session, GVR rose 4.3%, DPR gained 3.2%, and TNC increased 4%.
Most other sectors closed lower. Banking stocks reversed course after gains in the previous session.
ACB rose 2.2% with trading volume of 21.6 million shares. TCB, MSB and VIB added less than 0.5%, while most other lenders ended in negative territory. SHB and MBB were the sector’s most actively traded stocks, with 39.4 million and 22.6 million shares changing hands, respectively. Both fell 0.8%.
In the securities sector, HCM added 1.77%, while most brokerage shares moved within a narrow range. VIX remained the sector’s most actively traded stock with nearly 32 million shares traded, though it closed down 0.5%.
Steelmaker HPG extended losses in the afternoon trading session amid selling pressure from domestic and foreign investors. The stock slid 1.8% to VND26,550 per share, with market-leading liquidity of 75.84 million shares. Foreign investors net sold nearly 8.8 million HPG shares.
On the Hanoi Stock Exchange, the HNX-Index rose 2.35 points, or 0.92%, to 257.42 points, extending gains for a fifth straight session. The northern bourse recorded 64 gainers and 85 losers, with trading volume reaching 62.25 million shares and value totaling VND1.09 trillion.
