LDG Investment (LDG) speaks out about the stock hitting the ceiling for 5 consecutive sessions

VHO - LDG Investment JSC (stock code: LDG) spoke up to explain why its stock price increased to the ceiling for 5 consecutive sessions since successfully holding the 2025 General Meeting of Shareholders on June 26.

LDG said the company did not have any impact on the stock trading price. Illustrative photo

Since June 26, the 2025 General Meeting of Shareholders was successfully held with a shareholder attendance rate of 11.54% (the third time, the previous two times were unsuccessful due to the rate not meeting the minimum requirements).

With new expected information, from June 26 to July 2, LDG shares increased to the ceiling for 5 consecutive sessions, equivalent to an increase of 38.8%, from VND 2,500 to VND 3,470 per share.

LDG explained that the increase in LDG stock price during the above period was the result of objective supply and demand developments in the stock market and was beyond the control of the company. Currently, the company's business activities are still running normally and the company has no impact on the stock trading price.

In addition, on June 26, the company held the 2025 Annual General Meeting of Shareholders and approved many development-oriented contents, including the election of new Board of Directors; approval of the 2025 business plan; strengthening cooperation with strategic partners to develop projects; and continuing to complete legal procedures for key projects to build a foundation for sustainable growth in the following years.

Specifically, at the general meeting, LDG shareholders approved the 2025 business plan with net revenue of nearly VND 1,822.6 billion and profit after tax of VND 91.56 billion.

Previously, LDG reported losses for two consecutive years. In 2024, the net loss was VND1,505.8 billion and in 2023, the net loss was VND527 billion.

Regarding profit distribution, LDG Investment proposes to shareholders to continue not paying dividends in 2024 due to accumulated losses. At the same time, the Chairman of the Board of Directors is assigned to carry out profit distribution and have full authority to manage, decide on the use and distribution of funds in accordance with the actual situation of the company, in accordance with the provisions of law.

Regarding the election of Board of Directors for the 2025 - 2030 term, the congress decided to appoint Mr. Ngo Van Minh to continue as Chairman of the Board of Directors of the company, the remaining Board of Directors include Mr. Tran Cong Luan, Mr. Tran Thanh Hieu, Mr. Nguyen Quang Ninh and Mr. Nguyen Van Minh.

Source: https://baovanhoa.vn/kinh-te/dau-tu-ldg-ldg-len-tieng-ve-viec-co-phieu-tang-tran-5-phien-lien-tiep-149114.html