MB Securities (MBS) has announced that it will sell margin liquidation of 560,300 DIG shares owned by Ms. Le Thi Ha Thanh (mother of DIC Corp Chairman Nguyen Hung Cuong) and 381,800 DIG shares owned by Ms. Nguyen Thi Thanh Huyen (Vice Chairwoman of DIC Corp, Cuong’s sister) starting April 23, 2025. This is not the first time this month that Mr. Cuong’s family has been faced with margin calls due to the sharp correction in the stock market. MBS and other securities companies like KBSV and Vietcap have initiated margin calls on DIG shares amid significant price drops. Currently, DIG shares are trading at 14,250 VND/share, down nearly 30% since the beginning of April. DIC Corp plans to achieve a revenue of 3,500 billion VND and a pre-tax profit of 718 billion VND for 2025. If successful, it will report its highest profit in three years, with a proposed dividend payout ratio of 7-10%.
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