Chairman’s family member Trần Ngọc Dân wants to become a major shareholder at City Auto

Ngô Thị Hạnh, wife of City Auto’s Chairman Trần Ngọc Dân, registered to purchase 6 million CTF shares from June 26, 2025, to July 25, 2025, to increase her stake from 4.85% to 11.12%. Currently holding over 4.6 million shares, if successful, she will own more than 10.6 million shares at an estimated cost of around 129 billion VND at the price of 21,500 VND per share. Other family members also hold shares, bringing the total ownership to nearly 29.64%. In Q1 2025, City Auto reported a revenue of over 2,010 billion VND, up 33.6%, but net profit fell 62.3% due to financial costs and a decline in financial income.

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