News · CafeF

What's going on: 75-year-old chairman and senior executives simultaneously sell shares right before Amy Grupo's HoSE listing

Amy Grupo announced that five key executives have registered to sell nearly 14.45 million shares, about 9% of charter capital, via negotiated transactions from October 16 to November 6, 2026. Chairman Luong Van My plans to sell about 4.42 million shares, cutting his stake from 20.16% to 17.41%; Board member and CEO Dinh Quoc Tuan will sell 4.04 million shares (16.91% to 14.4%); and Board member and Deputy CEO Tran Tuan Dai will sell 3.89 million shares (12% to 9.58%). The moves come as the company has just completed an IPO of 16.1 million shares at VND 48,900 per share, raising about VND 787 billion, and is preparing to list on HoSE. The company has also revised its IPO fund use, raising the allocation for bank loan repayment by nearly VND 149.5 billion to VND 629.5 billion, citing actual net proceeds after offering costs and debts falling due during the prolonged IPO process.

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

Original headline: Chuyện gì đây: Chủ tịch 75 tuổi cùng loạt lãnh đạo cấp cao đồng loạt thoái vốn ngay trước thềm cổ phiếu lên sàn HoSE

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