HCMC – Pham Thanh Sang has been removed from his post of deputy general director for sales at Khai Hoan Land Group Joint Stock Company (KHG), with effect from August 26.
Sang was just assigned to this post April 20 this year.
After relieving Sang from his duty, the management board of Khai Hoan Land now comprises general director Dinh Thi Nhat Hanh and five deputy general directors.
As for the real estate developer’s business performance, it posted VND463 billion in net revenue in the first half of 2022, soaring 53% compared to the same period last year.
In the local stock market, Khai Hoan Land executives have registered to buy KHG shares in droves.
Recently, Nguyen Khai Hoan, board chairman at the company, registered to buy three million KHG shares to raise his ownership to a 31.29% stake in the firm. The transactions are scheduled from August 2 to 31.
Earlier, Dinh Thi Nhat Hanh purchased one million KHG shares to increase her ownership to over 5.4 million shares, or a 1.23% stake. Phung Quang Hai, a board member at KHG, also bought 500,000 KHG shares to raise his stake in the firm to 0.36%.
On the Hochiminh Stock Exchange, KHG closed down by 0.21% at VND9,530 today, August 31.
The benchmark VN-Index inched up a slight 0.09%, or adding 1.12 points to end at 1,280.51, with 267 winners and 162 losers. Trade on the southern bourse contracted 5% in volume and 8% in value against the previous session at over 499 million shares and over VND12.7 trillion. Shares transacted via put-through deals contributed around VND1 trillion to the overall value.
Meanwhile, the HNX-Index on the Hanoi bourse wrapped up the last trading session of August in negative territory. It lost 1.93 points, or 0.66% over the session earlier at 291.92, with 103 stocks rising and 92 others falling.