Rox Key Holdings (stock code TN1) has decided to sell over 24.2 million shares of Vietnam Maritime Commercial Joint Stock Bank (MSB) to restructure its investment. The transaction is expected to take place from March 6, 2025, to March 15, 2025, via agreement method. Currently, Rox Key Holdings owns over 63 million MSB shares (2.43%). After the sale, its ownership ratio will drop to 1.5%. Rox Key Holdings is related to Mr. Tran Xuan Quang – Vice Chairman of MSB and operates in various fields, including real estate and finance. According to financial reports, the book value of Rox Key’s investment in MSB shares is 628 billion VND. MSB shares are currently traded at around 11,400 VND/share, with the total estimated value of this transaction exceeding 275 billion VND.
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