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Tag: Forced share sales

2 articles

PNJ chairman’s family stake falls to 7.62%

PNJ chairman Cao Thị Ngọc Dung’s daughter had more than 6.6 million PNJ shares forcibly sold in three transactions over two weeks. The family now holds 7.62% of the company, according to VnExpress. PNJ’s share price has fallen, and the company posted a third-quarter loss.

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PNJ Chairman’s Daughter Cuts Stake to 0.99%

A securities firm sold shares held by Trần Phương Ngọc Giao, daughter of PNJ’s chairwoman, for a third time on November 12, reducing her stake to 0.99%. More than 6.6 million of her shares have been sold across the three forced sales. PNJ’s board has also approved a plan to sell its entire stake in An Tín.

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