PYN Elite Fund Acquires Millions of Shares from Yep1 During Surge

Finnish foreign fund PYN Elite Fund has recently purchased over 1.5 million YEG shares from Yeah1, increasing its total stake to 12.2 million shares, equivalent to 6.39% of the capital. The transaction took place on June 12, 2025, while YEG shares hit a ceiling increase of 6.67% to 12,800 VND/share, making the investment approximately 19 billion VND. PYN Elite Fund began investing in YEG at the end of December 2024 and became a major shareholder in April 2025. Despite a 1.27% increase reported in May, YEG remains among the disappointing stocks.
In 2025, Yeah1 set a consolidated revenue target of 1,300 billion VND and a net profit of 140 billion VND, marking increases of 27% and 14% compared to 2024, driven by a concert series and new programs. After Q1, Yeah1 reported nearly 218 billion VND in revenue, a 197% increase year-on-year, with a gross profit of 43 billion VND, resulting in a net profit of 23 billion VND, achieving over 16% of the annual profit target.