On October 28, the State Securities Commission of Vietnam (UBCKNN) fined three individuals a total of 4.5 billion VND for manipulating shares of Kido Group (HOSE: KDC) through 61 accounts between May 2, 2024 and January 6, 2025. Thang Phu Minh, Lam Thuy Hang and Duong Thai Phuong Thao were each fined 1.5 billion VND and banned from securities trading for 2 years from November 2, 2026, along with a ban on holding posts at related firms. 17 individuals who lent their accounts were suspended from trading for 9 months and face the same 2-year trading ban. The regulator said there is no basis yet to determine the illegal gains of those 17 individuals. During the period, KDC fell as much as 15% from above 62,000 VND to 53,000 VND, then rose nearly 19% to 58,000 VND in mid-December 2024.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Thao túng cổ phiếu KDC bằng 61 tài khoản, 3 cá nhân bị phạt 4.5 tỷ đồng và cấm giao dịch 2 năm
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Keywords
market manipulationState Securities Commissionpenalties
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Related tickers and likely impact
KDC
▼ Likely negativeKIDO Group
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Food & Beverage |
| Industry | Food Production |
| Market cap | 13,873 bn VND |
| P/E | 24.8 |
| P/B | 2.40 |
| Close on 10/30/2026 | 50.20 |
| Change that session | 0.00% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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