Shark Hung Completes Purchase of 2.3⁢ Million CRE Shares

Vice Chairman of the Board of Directors of⁤ Cen⁣ Land, Shark ⁣Hung, has completed the purchase of over 2.3 million⁢ CRE shares, increasing ⁣his stake in the company to 3.36%.

On September 6, ⁣Mr. Pham Thanh Hung, also known as Shark⁣ Hung, announced the completion of the purchase of 2,306 million CRE shares, valued at‍ VND 23,060 billion. This move follows his ⁢earlier announcement to buy 5 million CRE shares, but he explained that a change in his ⁢personal financial plan led to ⁢the reduced purchase.

As a result⁤ of this transaction, Shark Hung’s shareholding in Cen Land has increased from 13.2 million shares to 15.57 million shares,‌ equivalent to 3.36% of the‌ company’s shares.

The​ reason behind Shark Hung’s decision⁢ not to buy all‌ the registered shares was attributed to a change in ‌his personal financial plan.

Closing the trading ​session on September 6, CRE shares continued to decline in price, ‌reaching 6,990 VND/share.

Cen Land’s CRE Stock Trading Chart (HoSE)

In related news, Cen Land announced that it had received a decision from the Ninh Kieu District People’s Court (Can Tho City) regarding a lawsuit. The court ruled that Dai Nam Son Construction Investment ⁣and Design Consulting Joint Stock Company must return VND62 billion to Cen ​Land, including the initial deposit and accrued interest.