Mr. Nguyen Van Dat, Chairman of the Board of Directors of Phat Dat Real Estate Development Joint Stock Company (PDR), has sold 88 million PDR shares, earning over 2.1 trillion VND. Following the transaction, his ownership ratio decreased from 36.7% to 27.7%, but he remains the largest shareholder with a total ownership of 36.45%. The transaction took place from September 5 to September 18, 2025, at an average price of about 23,992 VND/share. The reason for selling the shares is to prepare financial resources for upcoming business plans. Mr. Dat affirmed that this is not a divestment, but rather a proactive measure to support the company. Phat Dat is in a restructuring phase and ready for new growth. In the first 6 months of 2025, its revenue reached 458 billion VND, up 168% year-on-year, while after-tax profit was nearly 116 billion VND, up 13.4%.
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