According to Hochiminh Stock Exchange (HOSE), Mr. Luong Tri Thin –Chairman of Dat Xanh Real Estate Service And Construction Corporation DXG) registered to buy in 5 million DXG shares to increase ownership, from 17.4 million to 22.4 million shares (equivalent to 8.85% of the equity).

Transaction is expected to take place from 03/05/2017 to 01/06/2017.

DXG stock today has reversed from red to green and traded around 21,800 dongs. For a notional price of 22,000 dongs, Mr. Thin is going to spend about 110 billion dongs to buy the registered shares.

Dat Xanh has announced the financial statement for the first quarter of 2017 with DXG's net revenue of 86% over the same period, achieving 586 billion dongs and post-tax profit increased 5.5 times to 188.8 billion dongs. This revenue growth is brought about by LuxCity project's revenues, the profit from secondary projects and the growth in real-estate brokerage activities over the same period.

Mai Linh
Theo Tri Thuc Tre/HSX