HCMC — Nam Tan Uyen JSC will stop trading its stock NTC on the Unlisted Public Company Market, or UPCoM, on October 15 to move to the Hochiminh Stock Exchange (HOSE) on October 16, according to the Hanoi Stock Exchange.
The move follows HOSE’s approval on September 29 for nearly 24 million NTC shares, equivalent to the company’s charter capital of around VND240 billion, to be listed on the southern exchange.
Nam Tan Uyen submitted its listing application in June 2025. The company said the transfer, planned since 2022, aims to improve liquidity and attract more institutional investors.
The company’s major shareholders include Phuoc Hoa Rubber JSC (HOSE: PHR) with a 32.9% stake, Vietnam Rubber Group JSC (HOSE: GVR) with 20.4%, and Saigon VRG Investment Corporation (HOSE: SIP) with 20%.
Established in 2005, Nam Tan Uyen has developed several industrial park projects totaling over 960 hectares, all of which have reached full occupancy.
The company has consistently paid high cash dividends since 2017, ranging from 60% to 120%. On September 25, it paid a 60% cash dividend for 2024, meaning shareholders got VND6,000 for every share held, totaling around VND144 billion.
In the first half of 2025, Nam Tan Uyen reported revenue of VND277 billion, rocketing 124% over a year earlier, and after-tax profit of VND169 billion, up 29%. The company has achieved 35% of its full-year revenue target of VND793 billion and nearly 60% of its profit goal of VND284 billion.
Closing the trading session today, September 13, NTC shares closed at VND163,000 on UPCoM, down 0.31%.
The benchmark VN-Index rose 17.57 points, or 1.01%, to a record 1,765.12 points on Monday, driven by strong gains in property and banking stocks, with VIC and TCB leading the market.
After a brief dip early in the session due to concerns over U.S.-China trade tensions, buying momentum returned and strengthened throughout the day.
VIC surged to its ceiling price of VND205,400, contributing more than 8.4 points to the VN-Index. Foreign investors bought a net 1.3 million VIC shares, with total trading volume reaching 7.2 million shares.
Other real estate stocks also posted sharp gains. CII, HDC, and CRV closed at their ceiling prices. CII led trading in this sector with 47 million shares changing hands and foreign investors buying over 3 million shares. HDC recorded 16.3 million shares traded.
VRE advanced 6.6%, HDG rose 5.4%, while DIG, CRC, and DRH each gained 5.1%. PDR, DXG, NVL, and several others also saw high trading volumes, each exceeding 20 million shares.
Banking stocks were mixed, but TCB gained 5% to VND41,300, supported by strong liquidity of 43.3 million shares.
The VN30-Index, which groups the 30 largest-cap stocks, added nearly 31.71 points, or 1.6%, to 2,012.28 points, with 17 gainers and 10 decliners. VJC hit its ceiling price, while VRE, TCB, VNM, and HDB also advanced.
On the losing side, FPT fell 2.2% to VND94,000, HPG dropped 2% to VND29,000 with 80 million shares traded, and VCB slipped 1.7% to VND63,100.
At the close, 119 stocks advanced and 187 declined on the HOSE. Total trading volume rose to 1.07 billion shares worth VND33.94 trillion, up 25% in volume and 31% in value from the previous session.
Lender SHB was the most actively traded stock on the market, with more than 118.9 million shares changing hands.
On the Hanoi Stock Exchange, the HNX-Index advanced 1.73 points, or 0.63%, to 275.35 points, with 141.8 million shares traded worth VND3.42 trillion.
