HCMC – Nguyen Ba Sang, chairman of the Board of Directors of An Gia Real Estate Investment and Development Corporation (HOSE, ticker: AGG), has registered to purchase around 30.8 million AGG shares to restructure his portfolio.
If the transaction is successful, Sang will increase his ownership in An Gia from nearly 11.68 million shares, representing 7.18%, to over 42.5 million shares, equivalent to 26.12% of the charter capital.
The transaction will be carried out through a buyback from the seller, Truong Giang Investment and Management JSC, with the expected transaction period from December 5, 2024 to January 1, 2025.
Closing the trading session on December 3, AGG shares inched down by 1% to VND14,900 each. Based on the current market price, Sang would need to spend around VND460 billion to purchase the AGG shares he has registered.
During the January-September period of 2024, An Gia achieved total consolidated revenue of over VND1,750 billion, exceeding its annual revenue target by 10%.
On the southern exchange, the VN-Index inched down by 1.38 points, or 0.11%, against the previous day, at 1,249.83 points, with 153 winners and 222 losers.
Around 673.4 million shares worth VND15.6 trillion were transacted on the market, rising 35% in volume and 31% in value compared to yesterday’s session. Block deal transactions accounted for VND4.2 trillion.
BVH emerged as a surprising standout among blue-chip stocks, briefly hitting the ceiling price before easing slightly to close up 6.33% at VND52,100— its highest level in more than two years.
Among other VN30 stocks, aside from FPT, HDB, and POW edging up around 2%, most showed little change. Notably, HPG recorded the highest trading volume in the group with 15.8 million shares, followed by POW with 13.6 million shares traded.
On the northern exchange, the HNX-Index fell by 0.04 point, or 0.02%, compared to the day earlier, at 255.29 points. Total trading volume exceeded 44.6 million shares worth a total of VND785.4 billion.
