Suspicion of being acquired when stocks continuously hit the ceiling

Gia Miêu |

3.2 Investment and Construction Joint Stock Company has just sent a document to the State Securities Commission and HOSE, requesting to inspect signs of unusual stock trading.

According to information from 3.2 Investment and Construction Joint Stock Company, from May 2026 to June 8, 2026, stock code C32 of this company recorded many consecutive ceiling increase sessions.

Notably, the increase in price and sudden liquidity occurred in the context that the company did not disclose any key information, sudden business events or significant changes that could affect stock prices.

The company said that production and business activities, financial situation and management work are still taking place normally according to plan.Therefore, the business believes that the recent trading developments have many unusual signs, which need to be considered and inspected by management agencies.

The company does not rule out the possibility of the appearance of organizational stock buying activities aimed at acquisition, increasing influence or controlling business control.

The continuous strong increase in stock prices along with sudden liquidity also needs to be reviewed to determine whether there are acts of creating unusual supply and demand or transactions violating securities law regulations.

Construction and Investment Joint Stock Company 3.2 affirmed that it did not implement, did not direct and did not have any direct or indirect impact related to the above-mentioned unusual transactions.The company also said that there is no internal information or key information that has not been disclosed that may affect stock prices.

The enterprise requests the management agency to urgently inspect all C32 stock transactions in the period from May 2026 to June 8; analyze transaction data to identify related accounts, consider signs of transaction coordination, creating unusual supply and demand or violations of the law if any.

C32 shares once had a 4-session consecutive ceiling increase series from April 24 - May 4, session on May 7 and most recently a 6-session series from June 2 - June 9, bringing the stock price from 11,200 VND/share to 18,000 VND/share.

Average liquidity in the above period also surged to 196 thousand shares per session, while from the beginning of 2026 it was only about 100 thousand shares per session.In which, the ceiling increase series from June 2 - 8 led to HOSE requesting the enterprise to explain.

Investment and Construction Joint Stock Company 3.2 is a construction and construction material production enterprise headquartered in Lai Thieu ward, Ho Chi Minh City (old Binh Duong).

Currently, 3.2 Investment and Construction Joint Stock Company has 4 major shareholders, including the couple of Board Member Bui Thu Huyen holding 24.35% of capital and Chairman Tu Vinh Trung holding 9.98%, besides Ms. Pham Thi Thu Thuy holding 10.98%, Ms. Pham Thi Thu Hang holding 10.08%.

Notably, in the first period of May 2026, the company recorded internal transactions of Ms. Pham Thi Thu Hang leading to ownership exceeding the 10% threshold.Specifically, this individual bought 30 thousand shares in the session on May 4, increasing the number of shares held from 3 million shares (9.98%) to 3.03 million shares (10.08%).This shareholder continuously increased ownership recently and just became a major shareholder from mid-April 2026.


Gia Miêu
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