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Truong Thuan Trading and Investment Co., Ltd. completed the sale of 9 million shares of CEO Group. After the transaction, Truong Thuan withdrew hundreds of billions of dong from the parent company but remained a substantial shareholder. All trades were executed via direct matching on the stock exchange. Specifically, on 07/04/2026, Truong Thuan began selling a block of 2 million shares. Based on the closing price of VND 16,400 per share that day, the company was estimated to have earned VND 32.8 billion. By 08/04/2026, Truong Thuan continued selling a further 7 million shares. With CEO closing at VND 17,500 per share, the second sale reportedly netted the fund about VND 122.5 billion. In total, the two-day trading session netted roughly VND 155.3 billion. The company said the selling was due to “financing needs.” After the transactions, the CEO shares held by Truong Thuan declined from nearly 47 million to about 38 million. Although its ownership slipped from 8.26% to 6.67%, the company remains a large shareholder of CEO Group as it still meets the >5% ownership threshold. Regarding investment history, Truong Thuan first appeared among CEO Group’s major shareholders in late September 2023. At that time, the company received subscription rights and successfully purchased 42.5 million CEO shares in the secondary issue, worth approximately VND 425 billion. The investment company’s headquarters is located at the CEO Tower on Pham Hung Street in Hanoi. The company was established in August 2023 with an initial charter capital of VND 200 billion, its core business being investment advisory.
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…
