Dragon Capital sells another 1.8 million shares of Đất Xanh

May 31, 2021 - 13:09
Dragon Capital's funds continued to sell millions of shares of DXG although the shares are in an upward trend.
Đất Xanh's headquarter in Bình Thạnh District, Hồ Chí Minh City. Photo datxanh.vn

HÀ NỘI — Dragon Capital's fund just sold 1.8 million shares of Đất Xanh Group JSC (DXG), reducing its ownership to 15.75 per cent from 16.09 per cent. The deal was executed on May 27.

Of which, Vietnam Enterprise Investments Limited sold one million shares, Norges Bank sold 379,000 shares, Samsung Vietnam Securities Master Investment Trust sold 300,000 shares, and Amersham Industries Limited sold 100,000 shares.

Previously, a group of funds managed by Dragon Capital sold 3.78 million shares of DXG on March 23. 

The DXG shares were traded at VNĐ28,100 on Monday morning, up 3.69 per cent. 

Đất Xanh Services, a member of Đất Xanh Group, plans to sell nearly 72 million shares, equivalent to 20 per cent of new chapter capital. Revenue from the transaction will be spent for developing the company's projects. 

In 2021, Đất Xanh projected profit after tax of around VNĐ1.6-1.7 trillion. — VNS