Mr. Nguyen Van Tuan's family wants to increase its ownership ratio at Gelex.

Information recently announced by GELEX shows that Ms. Dao Thi Lo - biological mother of Mr. Nguyen Van Tuan, General Director of GELEX Group - registered to buy 12 million GEX shares, with an expected transaction value (calculated at par value) of 120 billion VND, with the aim of increasing her ownership ratio.

The transaction is expected to take place between October 6, 2025 and November 4, 2025, by order matching and/or negotiation.

If the transaction is successful, Ms. Lo will own 39,467,998 shares, equivalent to 4.374% of the total outstanding GEX shares.

Mr. Nguyen Van Tuan, General Director of GELEX Group, currently holds 213,229,790 GEX shares, equivalent to 23.63% of the total outstanding shares. Meanwhile, Ms. Dao Thi Lo, Mr. Tuan's biological mother, holds 27,467,998 GEX shares, equivalent to 3.04% of the total outstanding shares.

The total ownership ratio of the transaction performer and related parties is currently 26.67%. It is expected that after purchasing the additional 12 million shares as above, the total ownership ratio of the transaction performer and related parties will increase to 28.003% of the total outstanding shares.

Regarding business situation, at the end of the second quarter of 2025, GELEX completed 48% of the revenue plan and 72% of the pre-tax profit target for the whole year, creating a solid foundation for a breakthrough in the second half of the year with the expectation of reaching the targets set at the annual general meeting of shareholders in March this year.

GELEX makes an impressive return to the Top 50 Best Listed Companies in Vietnam . The list, recently announced by Forbes Vietnam, affirms the solid position and reputation of one of the leading private economic groups in Vietnam.

Source: https://vietnamnet.vn/gia-dinh-ong-nguyen-van-tuan-muon-tang-ty-le-so-huu-tai-gelex-2447900.html