News about limit down

Shares of Kosy (KOS) have hit the floor price for 17 consecutive sessions, dropping to VND 8,960 on October 13, with 75.6 million shares offered at the floor price, roughly 35% of the company's shares, yet almost no buyers. The pressure stems largely from margin-call sales of shares held by Chairman Nguyễn Việt Cường and related parties, which has made it hard for securities firms to liquidate collateral. Kosy says the market is falling on momentum and some brokers cutting margin ratios and forcing sales have added selling pressure, while its core businesses remain on plan. Its reviewed semi-annual 2026 report shows revenue of nearly VND 723 billion (up 9%) and after-tax profit of over VND 15 billion (up about 121%), only about 13% of its full-year target of VND 120 billion. Ms. Hoàng Thị Yến, sister-in-law of Chairman Cường, has registered to buy 8 million KOS shares from October 15 to November 13, which would raise her ownership to about 3.71%.