News · CafeF

Pham Thanh Tien, Cao Hung Cuong and 5 companies plan to buy 300 million shares of a bank

Pham Thanh Tien, Cao Hung Cuong and five companies have registered to buy a combined 300 million PVcomBank (PCB) shares in the 2026 private placement at VND 13,628 per share, or about VND 4,088 billion if fully sold. The five companies plan to buy over 268.9 million shares for about VND 3,666 billion, while the rest goes to two individual existing shareholders. The article notes the offer price is well above the market: PCB closed on October 15 at VND 8,300, about 39% lower. PVcomBank said foreign ownership is expected to fall from 8.05% to 6.039% after the offering, and Petrovietnam holds 52% of charter capital.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Ông Phạm Thanh Tiến, Cao Hùng Cường cùng 5 công ty muốn mua 300 triệu cổ phiếu một ngân hàng

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