Nearly 40 million DIG shares of the DIC Corp Chairman's family continuously sold for mortgage

Gia Miêu |

DIC Corp Chairman's assets'evaporated' nearly 600 billion VND after more than half a year due to continuous share mortgage sales.

MB Securities Joint Stock Company (MBS) continues to announce the sale of DIG shares of Construction Development Investment Corporation (DIC Corp, code: DIG, HoSE) owned by two leaders of this company.

In which, MBS announced the sale of 3.66 million DIG shares owned by Mr. Nguyen Hung Cuong - Chairman of the Board of Directors of DIC Corp. Mr. Cuong's younger sister, Ms. Nguyen Thi Thanh Huyen - Vice Chairman of the Board of Directors of DIC Corp, was also notified of the sale of 672,000 DIG shares. The number of shares of the two Chairmen about to be sold off as announced above has a market value of about 46 billion VND.

The above transactions are expected to be carried out from July 21 until the payment obligation is completed or the margin ratio is sufficient according to MBS regulations. The number of securities expected to be sold for release is estimated at the time of information disclosure, the actual number of securities sold may be less or more due to changes in market prices that change the value of collateral.

Seizure sale may not be carried out according to the securities company's decision without public notice if the market price of collateral changes or the account holder has completed the payment obligation or supplemented the collateral at a sufficient ratio as prescribed for margin trading.

DIC Corp Chairman and relatives have been continuously "called margin" in the recent past. Most recently, Mr. Nguyen Hung Cuong was sold 2.69 million DIG shares for collateral in the period from July 7-9, 2026. The transaction was carried out by order matching method, thereby DIG Chairman reduced ownership from 43.22 million shares to 40.53 million shares, equivalent to a decrease in ownership ratio from 5.43% to 5.09%.

Ms. Nguyen Thi Thanh Huyen was also sold 660,400 DIG shares in the 7th session of July 2026 by order matching method. As a result, Ms. Huyen's ownership decreased from 9.68 million shares (1.22%) to 9.02 million shares (1.02%).

Mr. Cuong's mother, Ms. Le Thi Ha Thanh, was also sold off 845,000 DIG shares in the 7-8.7 session of 2026 by order matching method. Therefore, Ms. Thanh's ownership decreased from 12.8 million shares (rate 1.61%) to 11.94 million shares (rate 1.5%).

In total, from the beginning of 2026, securities companies have sold nearly 40 million DIG shares owned by Mr. Nguyen Hung Cuong's family, equivalent to about 5% of capital. As of mid-July 2026, the capitalization of the Corporation for Investment and Development of Construction (DIC Corp, DIG code on HOSE) decreased by about 2,500 to 3,100 billion VND compared to the beginning of 2026, corresponding to a decrease in market value of nearly 22% - 26% due to the stock market price falling from the range of about 14,500 - 15,000 VND to around 10,850 VND/share.

In the context of DIG shares falling, the asset value of DIC Corp Chairman also decreased sharply, from about 1,097 billion VND to 498 billion VND, equivalent to "evaporating" nearly 600 billion VND.

At the recent Annual General Meeting of Shareholders, Mr. Nguyen Hung Cuong said that he and his family do not want the situation of shares being sold for collateral to occur, and affirmed that they will gradually buy back to increase the ownership ratio when market conditions are favorable.

However, to date, after many waves of shares being sold off, the group of shareholders related to the Chairman of DIC Corp has not yet recorded any notable buying moves.

Gia Miêu
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