Two debt trading companies become major shareholders at their ‘parent’ Bamboo Capital

Sài Gòn Debt Investment and Trading Company and Nam Sài Gòn Debt Trading Company have purchased nearly 12 million shares of BCG Energy (BGE), becoming major shareholders at Bamboo Capital. Specifically, Sài Gòn Debt holds over 38 million BGC shares (5.26% stake) and Nam Sài Gòn Debt holds nearly 42 million shares (5.71% stake). The total transaction value is estimated at around 47 billion VND. This purchase occurred amid company leaders selling shares before BGE’s trading restrictions took effect due to delayed financial reporting. In Q1 2025, BCG Energy’s consolidated revenue reached 297 billion VND, down 7% year-on-year, with net profit plummeting by 92% to 4.4 billion VND. Additionally, BGE faced fines for late tax filings, totaling approximately 18 million VND.