Steel company shares surge 90%, 3 executives plan to divest nearly 3.2 million units

B.C.H Joint Stock Company (UpCOM: BCA) announced that 3 senior executives plan to sell nearly 3.2 million shares amid a 90% rise in BCA shares from their low point. CEO Dang Ngoc Hung plans to sell over 1.1 million shares (reducing his ownership from 5.25% to 3%). Deputy CEO Le Thu Phuong will sell 1.3 million shares (reducing from 5.09% to 2.4%). Le Thanh Tuan, Head of the Supervisory Board, will divest all 713,000 shares (equivalent to 1.43%). If completed, Hung and Phuong will no longer be major shareholders, while Tuan will exit entirely. Transactions will occur from December 17, 2025, to January 15, 2026, to restructure investments. BCA shares have reached 15,500 VND per share from 8,200 VND in just two months. The company recorded revenue of 4.5 billion VND but reported a net loss of nearly 12 billion VND in the first 9 months of 2025.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts