Daughter of Vietnamese steel company chairman plans to buy 5 million shares
Hồ Uyển Nhi, daughter of Thép Nam Kim chairman Hồ Minh Quang, plans to buy 5 million shares between November 18 and December 16, 2026. If she buys them all, she will hold a 1.02% stake. The company’s revenue and pretax profit both rose year on year in the first nine months.
A filing by Vietnamese steelmaker Công ty cổ phần Thép Nam Kim with the Ho Chi Minh City Stock Exchange shows that Hồ Uyển Nhi, daughter of chairman Hồ Minh Quang, has registered to buy 5 million company shares, traded under the ticker NKG, between November 18 and December 16, 2026. She currently holds no shares in the company; if she buys the full amount, her stake will reach 1.02%.
NKG closed last week at 12,350 Vietnamese dong per share. At that price, buying 5 million shares would cost more than 61.7 billion dong; the actual outlay will depend on the purchase price and number of shares bought. Hồ Minh Quang currently holds more than 78 million shares, representing over 15.8% of the company’s equity.
The chairman’s son, Hồ Minh Phát, also bought 5 million NKG shares in April this year. He now holds 10 million shares, representing 2.23% of the company’s equity. In addition, deputy general directors Nguyễn Hữu Hạnh and Nguyễn Minh Khoa each plan to buy 100,000 shares for personal investment.
The company’s third quarter financial report showed revenue of nearly 4.5 trillion dong, up more than 44% year on year, and pretax profit of more than 185 billion dong, up 214%. In the first nine months of this year, revenue exceeded 12.88 trillion dong, up more than 10% year on year, while pretax profit exceeded 373 billion dong, up 136%. The company also exported nearly 20,000 tonnes of steel to the United States in early November.
Source: VietVance
