On October 10, 2023, Kinh Bac Investment and House Development Joint Stock Company (KDH) announced a report on changes in large shareholders concerning a group of foreign investors. According to the report, this group has purchased KDH shares, raising their ownership above 1%. This means they are required to comply with legal reporting obligations regarding securities transactions. This move is seen as an effort to increase influence within KDH and to take advantage of the current market situation for long-term investment strategies. KDH is one of the prominent companies in the real estate sector in Vietnam, with many large-scale projects. The increase in foreign ownership could positively impact the company’s growth prospects in the future.
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