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Bluemarq Group Joint Stock Company (formerly Dat Xanh Group, DXG) has approved a plan to issue bonus shares to raise capital from equity sources, as approved at the 2026 ordinary annual general meeting of the listed company. Under the plan, DXG will issue 155.7 million bonus shares, representing 14% of the outstanding shares. Shareholders will receive the shares on a rights issue basis, with the rights non-transferable. The rights issue ratio is 100:14, meaning shareholders owning 100 shares will receive 14 new shares. The bonus shares issued in this tranche are not restricted from transfer. The funds for the issue will come from VND 457.3 billion from undistributed after-tax profits and VND 1,100 billion from the share premium reflected in the audited consolidated financial statements for 2025. Implementation is expected in 2026 or at another time as determined by the Board after approval by the SSC (State Securities Commission of Vietnam). If completed, DXG will increase capital from VND 11,141 billion to nearly VND 12,700 billion. Bluemarq Group Joint Stock Company is the new name of Dat Xanh Group, with the business registration certificate effective May 6, 2026. Along with this, many ecosystem members have renamed: HAAC to Bluemarq Development; Dat Xanh Commercial to Bluemarq Asset Management; Bluemarq Investment was established on April 22, 2026. In Q1 2026, DXG posted consolidated revenue of over VND 1,467 billion, up 59% year-on-year. The main contributions came from apartment and land plot sales of over VND 860 billion (up 29%) and real estate brokerage services of nearly VND 604 billion, more than triple the year-ago period. Excluding cost of goods sold, gross profit was over VND 634 billion, up 24%. Financing activities generated revenue of over VND 46 billion, four times the same period, largely due to higher interest income. After taxes and fees, DXG posted net profit of over VND 214 billion, up 173% versus Q1 2025. For 2026, DXG targets revenue of VND 5,000 billion and net profit of VND 268 billion, about 16% growth. After the first three months, the company had achieved around 80% of its profit target and more than a quarter of its revenue target.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
