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From March 20 to April 17, Thép Việt, the parent company of Pomina Steel, sold 4.18 million shares of POM out of 7.5 million shares registered. The transaction was not completed because the sale price did not meet the company’s expectations.
Thép Việt reported a disposal transaction related to its stake in Pomina Steel Joint Stock Company (ticker: POM, UPCoM). During the period from March 20 to April 17, Thép Việt sold 4.18 million POM shares out of the 7.5 million shares registered for sale.
The reason given for not completing the transaction was that the price expectation was not met.
Following the partial sale, Thép Việt reduced its ownership from more than 146.3 million POM shares (equivalent to 52.54% ownership) to 142.14 million POM shares (equivalent to 51.03% of Pomina’s charter capital).
Earlier, from January 19, 2026 to February 13, 2026, Thép Việt also attempted to sell 7.5 million POM shares registered, but did not complete the transaction. The stated reason was again that the price expectations were not met. As a result, Thép Việt maintained its ownership at the level described above.
Mr. Đỗ Duy Thái, Chairman of Pomina Steel and concurrently CEO of Thép Việt, is also the CEO of Thép Việt. Thép Việt was established by the family of Đỗ Duy Thái, Chairman of Pomina. Mr. Thái holds 869,400 shares, or 0.31% of POM.
Since the start of 2026, POM shares have been volatile, rising sharply in January before retreating at the start of April. During the trading window, POM traded between roughly 3,900 and 4,200 VND per share.
Separately, Pomina Steel announced a board resolution regarding the organization of its 2026 annual general meeting of shareholders. The company plans to hold the 2026 AGM on May 4, 2026, with the meeting location to be announced later in the invitation.
The final registration date to exercise voting rights is April 7, 2026.
At the meeting, Pomina shareholders will discuss corporate restructuring and other matters within the AGM’s authority.
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