Before the God of Wealth Day, Bill Gates’ investment fund buys shares of Vietnam’s largest gold and jewelry company

On February 25, before the God of Wealth Day, PNJ reported that a group of foreign investors managed by Dragon Capital purchased 522,000 PNJ shares, raising total ownership to over 5%. The Bill & Melinda Gates Foundation Trust acquired an additional 80,000 shares, bringing its total to 243,504 shares, equivalent to 0.0714%. Other funds like DC Developing Markets and Hanoi Investments also increased their holdings of PNJ shares. Recently, PNJ’s stock experienced a correction after hitting a peak of 127,000 VND per share at the end of January. On February 11, PNJ’s shareholders approved the issuance of over 170 million bonus shares to increase its charter capital from 3,413 billion VND to 5,119 billion VND. PNJ is also preparing to distribute a cash dividend for 2025 at a rate of 20%, maintaining a stable dividend policy over the years.