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On March 9, 2026, Tran Vu Minh, the son of Hoa Phat Group chairman Tran Dinh Long, registered to buy 50 million shares of Hoa Phat Group (HOSE: HPG). Prior to the transaction, Minh held 226.4 million HPG shares, representing about 3% of the company.
According to the registration, billionaire Tran Dinh Long currently holds 1.98 billion HPG shares, while his wife, Vu Thi Hien, holds 528 million shares. Tran Dinh Long’s stake accounts for 25.8% of HPG, and Vu Thi Hien’s stake accounts for 6.9%.
The registered purchase is expected to be executed via either negotiated trades or matching orders between March 12 and April 10.
Based on the March 9 closing price of VND 25,350 per share, the 50 million-share purchase could be worth approximately VND 1.27 trillion.
The announcement comes as HPG shares have fallen sharply in recent sessions amid broader market weakness tied to the Middle East conflict. In the first six trading days of March, HPG’s share price declined by nearly 12%.
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