VNG sells shares at 91% discount to market price for employees: Some individuals spend 1 million VND to buy 33 shares, while others only buy 7 shares

On June 2nd, VNG announced the issuance of 640,974 ESOP shares at 30,000 VND each, a 91% discount compared to market value. Employees received unequal shares; some could purchase only 7 shares for 210,000 VND. Notable purchases included Vương Quang Khải buying 134,667 shares worth over 4 billion VND, with an estimated future asset value of 46.6 billion VND. VNG plans to issue 418,807 ESOP shares in 2025, projecting revenue of 10,773 billion VND but expecting a loss of 561 billion VND, marking its third consecutive year of losses. VNG is undergoing restructuring and has appointed a new CEO.