Dragon Capital sold over 2.3 million HDG shares
admin 24-06-2020, 23:24

Dragon Capital sold over 2.3 million HDG shares

Dragon Capital Group sold over 2.3 million HDG shares on June 18. Currently, this group also owns 10.9 million shares of HDG with a market price of over 220 billion dong.

The Dragon Capital fund group sold a total of more than 2.3 million shares of Ha Do Group (HoSE: HDG) on June 18. In particular, Wareham Group Limited sold 1.95 million shares, Norges Bank sold 330,000 shares and Samsung Vietnam Securities sold 50,000 units.

After this transaction, the Dragon Capital fund group also owns 10.9 million shares, or 9.2% of Ha Do’s equity. HDG shares moved sideways at the price of 20,000-21,000 VND / share, temporarily counting the number of Dragon Capital shares still holding over 220 billion VND.

According to the 2020 business plan, Ha Do sets the consolidated revenue target of 5,394 billion dong, up by 22% and consolidated after tax profit of 1,173 billion dong, up by 5%. In the first quarter only, the company has earned 233 billion dong, completing 20% of the year plan.

The company also recently announced that it will issue 30% of its stock to pay dividends in 2019, equivalent to 35.6 million shares issued. In addition, the company has also advanced a 2019 dividend of 10% in cash.

In the long term, Ha Do has a strong orientation to develop three key industries including real estate, energy and construction. By 2025, the average growth rate of real estate and energy will reach 16% and construction and installation will be 10%.

Source: ndh.vn