Mr. Do Anh Tuan and a group of shareholders plan to transfer over 53% of SCG’s capital to Sunshine Group with profit plans nearly 4 times that of 2024

At the upcoming General Meeting of Shareholders of SCG on April 13, the Board will propose transferring over 53% of capital to Sunshine Group. Specifically, Sunshine Group is expected to purchase 45.16 million shares from 13 shareholders, valued at around 3.34 trillion VND. Mr. Do Anh Tuan, Chairman of Sunshine, will sell 16.9 million shares, representing 19.88% of SCG’s capital, valued at 1.25 trillion VND. Following the transaction, Sunshine will control 67.8% of SCG. SCG aims for a business revenue of 12 trillion VND in 2025, 3.9 times that of 2024, with a pre-tax profit of 700 billion VND. In 2024, SCG anticipates a revenue of 3.087 trillion VND and a post-tax profit of 158 billion VND, while continuing to implement significant projects like Noble Palace and Sunshine Marina. As of now, SCG has commenced several projects and plans to continue robust development in 2025.