MBS announced a planned forced sale of 2.17 million PNJ shares belonging to Tran Phuong Ngoc Giao, daughter of PNJ Chairwoman Cao Thi Ngoc Dung, starting October 30, 2026 until she meets her payment or collateral obligations. The sale may not proceed if the collateral’s market price changes or the account holder adds collateral to meet margin requirements. This is not the first such sale this month: on October 8, VNDIRECT force-sold 2.94 million PNJ shares, cutting her holding from over 14.64 million to about 11.7 million shares. Earlier, her two sisters sold 7 million and 18 million shares in September to raise funds for the family to lend to PNJ, and Cao Ngoc Duy sold 9 million shares in early October. PNJ closed at VND 16,050 per share on October 29, with market capitalization over VND 8,000 billion.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Con gái Chủ tịch PNJ bị "call margin"
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Related tickers and likely impact
PNJ
▼ Likely negativePhu Nhuan Jewelry
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Retail |
| Industry | Specialty Retailers |
| Market cap | 8,776 bn VND |
| P/E | 3.6 |
| P/B | 0.65 |
| Close on 10/29/2026 | 16.05 |
| Change that session | -6.41% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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