KIS Securities Company has just announced information about the sale of collateral of customers who are insiders/person related to insiders.
Accordingly, KIS sold 5 million BCG shares of Bamboo Capital Joint Stock Company. The time of sale of the mortgage is from March 3, 2025. KIS said the company could cancel the sale of the securities without notifying the public. The number of securities expected to be sold on collateral is the estimated number at the time of information disclosure; the actual number of securities sold may be less or more due to changes in the value of collateral.
In the latest announcement, SHS Securities Company has also removed BCG shares from the Securities List for deposit trading at SHS from February 28, 2025.
At Bamboo Capital, Mr. Nguyen Ho Nam is the largest shareholder with a holding of nearly 92 million shares (10.42%). In addition, Mr. Nam's biological mother holds more than 100,000 shares (0.01%) and Mr. Nam's wife holds nearly 8.6 million shares (0.98%). The total ownership of Mr. Nguyen Ho Nam and related parties at BCG reached nearly 158.5 million shares (18.01%).
On the stock market in the last two sessions, the group of stocks related to Bamboo Capital was sold off to reduce the "empty-sided" floor. And opening today's trading session (March 4), the BCG stock code of Bamboo Capital Joint Stock Company continued to decrease the floor by 6. 90% of the value compared to the end of yesterday, to the price of VND 4,990/share. Similarly, BCG Land's BCR shares also continued to decrease to the current floor of VND 3,300/share, down more than 13.16% compared to yesterday. BCG Energy's BGE shares also continued to decrease by more than 10.20%, to VND4,300/share.
In addition, some codes in the Bamboo Capital ecosystem as well as those related to Mr. Nguyen Ho Nam have also developed quite pessimistically. For example, TCD shares of a subsidiary of Tracodi Construction Group continued to decrease by 7% this morning to VND3,720/share. Not only did they decrease sharply, a series of "hammer" stocks Bamboo Capital also recorded sudden liquidity under selling pressure from investors.
Most recently, Bamboo Capital Group Joint Stock Company announced to the competent authority to announce the decision to prosecute the case and the decision to prosecute Mr. Nguyen Ho Nam on February 28, 2025. Bamboo Capital said that since April 27, 2024, Mr. Nguyen Ho Nam has resigned and no longer holds positions on the Board of Directors, Supervisory Board and Executive Board at the company.
On the same day, February 28, Tracodi Construction Group Joint Stock Company - a company with BCG holding 43.9% of capital was also notified by the competent authority about the decision to prosecute the insider, Ms. Huynh Thi Kim Tuyen - Vice Chairman of the Board of Directors of Tracodi. In addition to her position at Tracodi, Ms. Tuyen is also a member of the Board of Supervisors at BCG Energy Joint Stock Company. The BGE has also announced the above incident.
