Major shareholder Rong Viet Securities wants to sell 5 million shares

Recently, the board of directors and related persons of insiders of Rong Viet Securities Corporation (VDSC - code VDS) continuously made stock transactions.

Most recently, according to information published on HoSE, Ms. Pham My Linh - a person related to Mr. Pham Huu Luan (member of the Board of Directors of VDSC) has registered to sell 5 million VDS shares.

Currently, Mr. Pham Huu Luan only holds more than 130,000 VDS shares, however, Ms. Pham My Linh - Mr. Luan's mother is a major shareholder of VDS with the current number of shares held being nearly 30 million shares, equivalent to an ownership ratio of 11.22%.

Ms. Linh has just registered to sell 5 million shares to solve personal financial needs, the implementation period is from September 8 to October 6, 2025. If the transaction is completed, Ms. Linh's ownership ratio will decrease from 11.22% to 9.35%.

Ms. Pham My Linh was also a member of the Board of Directors of VDS and resigned in 2023. Currently, Ms. Linh is still the CEO of Hoang Trieu Company Limited.

Currently, VDS shares are trading at around 24,000 - 25,000 VND/share. If all of the above shares are sold, Ms. Linh expects to earn about 123 billion VND.

On the VDS side, this securities company has just issued 4.7 million shares under the 2025 employee stock option program (ESOP), increasing its charter capital to VND2,720 billion. These shares were distributed to 207 individuals at an issue price of VND10,000/share.

Meanwhile, some major shareholders are showing signs of divestment.

Before Ms. Pham My Linh, another major shareholder, Mr. Nguyen Hoang Hiep, sold 10 million VDS shares in the trading session on August 21. At the price of VND23,400/share at that time, Mr. Hiep estimated that he earned VND234 billion. After this transaction, Mr. Hiep's ownership ratio at VDSC decreased from 15.79% to 12.23%.

Currently, the major shareholders of VDSC are all individuals. Besides Mr. Hiep and Ms. Linh, the two remaining major shareholders are Mr. Nguyen Mien Tuan - Chairman of the Board of Directors of VDSC with a holding ratio of 17% and Mr. Nguyen Xuan Do with nearly 16%.

In the stock market, although it has been fluctuating around 24,000 - 26,000 VND/share for nearly 10 sessions, compared to history, this is the peak price of VDS. Compared to the beginning of 2025, the market price of VDS has increased by over 30%.

In terms of business performance, this securities company surprised everyone when it recorded a net loss of more than VND6.9 billion in the second quarter. Contrary to the market trend, VDSC suffered losses in its proprietary trading segment. Profit from FVTPL in the second quarter brought in nearly VND16.3 billion, while the loss from this activity was more than VND38.4 billion, causing VDSC to have a net loss of more than VND22 billion. In the same period last year, proprietary trading was still the segment that contributed the most to VDSC's operating revenue.

Other activities such as interest from loans and receivables, brokerage revenue also decreased by 2% and 23% respectively compared to the same period. Only profit from HTM investments increased.

Explaining the loss in the second quarter, VDSC said that this was the result of the adverse impacts of the market, when there was a period of decline under the influence of tariff information from the US. Thanks to the profit in the first quarter of the year, VDSC still made a profit of 10.9 billion VND in the first 6 months of the year.

Source: https://baodautu.vn/co-dong-lon-chung-khoan-rong-viet-muon-ban-ra-5-trieu-co-phieu-d378345.html