On January 6, 2026, HoSE announced the mandatory delisting of SVI stock as Bao Bì Biên Hòa failed to meet shareholder structure requirements. TCG Solutions Pte. Ltd, a member of SCG Group from Thailand, holds 94.11% of the shares, leaving only 5.89% in circulation, below the minimum requirement. After the change of ownership, the company’s revenue remains high (1,500 – 1,880 billion VND from 2022 to 2024), but net profit decreased to 76 billion VND in 2024 and 26 billion VND in the first 9 months of 2025 due to rising raw material costs and price competition. The company maintains a stable financial position with 550 billion VND in cash and pays dividends of 18-26% annually. SVI stock trades around 36,500 VND/share with low liquidity. The delisting marks the end of Bao Bì Biên Hòa’s 10-year presence on the exchange and will now operate as a subsidiary of the Thai group after 58 years of development.
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