The Thai Binh Investment Joint Stock Company reported selling only 110,000 out of 2.5 million registered NLG shares, equivalent to 4.4%, due to price not meeting expectations. After the transaction, Thai Binh’s ownership of NLG shares decreased from nearly 17.08 million to 16.97 million shares. Mr. Nguyen Duc Thuan, a member of Nam Long’s Board of Directors, is also the Chairman of Thai Binh Investment. Thai Binh has also registered to transfer nearly 17 million rights to purchase NLG shares to restructure its investment portfolio. Nam Long plans to issue nearly 100.12 million new shares at 25,000 VND per share, aiming to increase its charter capital from nearly 3.851 trillion VND to nearly 4.852 trillion VND. According to the Q3/2025 financial report, Nam Long recorded revenue of 1.877 trillion VND and net profit of 234 billion VND, significantly higher than last year due to increased land and real estate sales. In 2025, Nam Long aims for a revenue of 6.794 trillion VND and a net profit of 701 billion VND.
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