VinaCapital increases KDH stake to 8.09%
VinaCapital funds net bought nearly 3.4 million KDH shares on November 10, bringing their combined stake to 8.09%. One fund had bought 12.5 million shares on November 6. KDH shares are down 58% from their August 2025 peak, while the company’s third-quarter net profit fell 68% year on year.
A shareholding change report published by VinaCapital Fund Management shows that its funds net bought nearly 3.4 million KDH shares on November 10, 2026. After the transactions, the fund group held 100.7 million shares in real estate company CTCP Đầu tư và Kinh doanh Nhà Khang Điền, equivalent to 8.09% of its charter capital. Longwoods Worldwide Limited bought 2.5 million shares, while two other funds bought 1.28 million shares and sold nearly 399,000 shares, respectively.
On November 6, Longwoods Worldwide Limited also bought 12.5 million KDH shares to restructure its investment portfolio. The Ho Chi Minh City Stock Exchange recorded a negotiated trade of the same number of shares that day, worth about VND 179 billion at an average price of about VND 14,350 per share.
KDH closed at VND 15,550 per share on November 12, up about 19% from around VND 13,000 in early November, but still 58% below its August 2025 peak of VND 37,000 per share.
VinaCapital funds increase their holdings in real estate company KDH.（VietVance）
The company set October 8 as the record date for its 2025 stock dividend, with plans to issue more than 112.2 million shares. It also plans to issue about 10.86 million employee share ownership plan shares to 235 employees at VND 12,000 per share, subject to a one-year transfer restriction. After both issuances, its charter capital will rise from more than VND 11.22 trillion to more than VND 12.45 trillion.
In the third quarter of 2026, the company’s net revenue was VND 41 billion, down 96% year on year, while profit after tax was VND 169 billion, down 68%. For the first nine months, net revenue fell 83% year on year to VND 483 billion, while profit after tax rose 51% to VND 1.268 trillion, reaching 84.5% of its full-year profit target.
Profit for the first nine months was supported by a VND 896 billion gain recorded in the second quarter. On June 23, the company sold a 2% stake in Công ty Bình Trưng Mới, reducing its holding from 51% to 49% and ceasing to consolidate the company in its financial statements. About VND 875 billion of the gain was a non-cash accounting gain. As of September 30, the company had total assets of VND 43.31 trillion and liabilities of VND 23.165 trillion, including borrowings of about VND 17.777 trillion.
Source: VietVance
