Nam Kim chairman’s daughter plans to buy 5 million NKG shares

Hồ Uyển Nhi, daughter of Hồ Minh Quang, chairman of Vietnamese steel company CTCP Thép Nam Kim, has registered to buy 5 million of the company’s NKG shares for personal financial investment. The transaction is planned for November 18 to December 16, 2026. She currently holds no shares in the company; if she buys the full amount, her stake will reach about 1.02%.

At NKG’s November 13 closing price of 12,350 Vietnamese dong per share, the transaction would cost about 61.75 billion dong. As of that date, the stock was down 8.5% from the start of the year and about 61% below its all-time high of 31,730 dong per share, set on October 20, 2021. Its average daily trading volume since the start of 2026 has exceeded 3.5 million shares.

NKG’s share price over the past three years.（VietVance）

Hồ Minh Phát, son of Hồ Minh Quang, bought 5 million NKG shares in mid-May 2026. After the transaction, he held 10 million shares in the company, representing a 2.23% stake.

In the first nine months of 2026, Nam Kim recorded revenue of 12.884 trillion dong, up 10% year on year, and after-tax profit of nearly 252 billion dong, up more than 124%. Those results met 59% of its full-year revenue target and 63% of its profit target, respectively. Võ Hoàng Vũ, the company’s standing vice chairman, applied on September 4, 2026, to resign from the board for the 2025–2030 term for personal reasons. The company said it would submit his removal to its next shareholders’ meeting for consideration.

Source: VietVance