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News about DIG
3 stories tagged with this keyword.
- After repeated margin-call sales, DIG chairman buys 5 million shares
DIC Corp Chairman Nguyễn Hùng Cường has completed the purchase of 5 million DIG shares between 12/10/2026 and 02/11/2026, raising his ownership from 3.41% to 4% of charter capital. The move follows a margin-call forced sale of more than 5.2 million DIG shares by Mr. Cường on 31/7/2026, and several family members also faced margin-call sales. Vũ Thị Thu Hương, wife of DIC Corp CEO Nguyễn Quang Tín, has also registered to buy 1 million more shares from 15/10/2026 to 13/11/2026. In business results, Q3/2026 revenue fell 43.2% to VND 761.36 billion and after-tax profit dropped 64.2% to VND 69.16 billion; nine-month pre-tax profit of VND 241.85 billion reached 40.3% of the full-year target. DIG shares fell 60.6% from VND 24,600 (17/10/2025) to VND 9,500 (04/11/2026), now trading below the MA200 and losing the VND 10,000 level.
- DIC Corp Chairman Successfully Accumulates 5 Million DIG Shares
DIC Corp Chairman Nguyễn Hùng Cường bought 5 million DIG shares between 12/10/2026 and 2/11/2026, raising his holding from nearly 28.8 million shares (3.41%) to nearly 33.8 million (4%). Vũ Thị Thu Hương, wife of General Director Nguyễn Quang Tín, has registered to buy 1 million DIG shares from 15/10/2026 to 13/11/2026. For Q3/2026, consolidated net revenue reached nearly VND 761.4 billion, down 43.2% year on year, with real estate accounting for 84.2%. Q3 net profit was nearly VND 69.2 billion, down 64.2%; for the nine months, net revenue rose 14% to nearly VND 1,519.2 billion and after-tax profit edged up 1.4% to nearly VND 202.7 billion.
- Proposal to ban "flipping" of off-plan home sale contracts
Delegate Lê Thanh Hoàn (Thanh Hoá delegation) proposes banning the transfer of contracts for future-formed housing in the draft amended Law on Real Estate Business, to curb speculation and price inflation. He argues that such transfers are in substance transfers of contract positions rather than physical homes, and that repeated resales can push prices at handover to 1.5 to 2 times the original price, squeezing out genuine homebuyers. He cites China, which does not allow resale before handover and land certificate issuance, and South Korea, which bans such transfers in major speculation-controlled cities for 3-10 years or until completion. Delegate Nguyễn Ngọc Sơn (Hải Phòng City delegation) notes that the draft caps deposits at 5% and allows collection only once business conditions are met, to protect buyers' advance payments.
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