Century 21 affiliates spent VND100 billion to purchase Print No.4 consecutively

Vietstock-Century 21 affiliate spends 100 billion VND to purchase Print No.4 consecutively

HNX announced that for investment reasons, Shengen Invest will continue to purchase more than 225,000 shares of In No.4 starting from December 26, 2023, increasing its shareholding ratio to 46.29%.

Prior to this transaction, Schengen Investment AG held more than 329,000 shares, equivalent to 27.48% of Print No. 4 AG (UPCoM: IN4). This is also the number of shares Schengen Investments just purchased on December 22, 2023.

On December 22 and December 26, two agreed transactions with the same transaction volume were recorded in the market, with values ​​of VND 59 billion and VND 40.3 billion respectively, equivalent to VND 179,000 per share.

However, the share price IN4 At that time, all trading days closed at VND156,000/share. Therefore, Schengen investments are purchased at approximately 15% above the market price.

Also on December 22, 2023, Ms. Do Thi Kim Na sold all 284,000-plus shares, accounting for 23.71%, and was no longer a shareholder of the company. IN4.It is understood that the lady became a related person IN4 Since October 2019, after simultaneously increasing holdings of more than 225,000 shares with Mr. Do Pham Kim Tai, he has successfully sold an equal amount of shares.

All major shareholders will withdraw their capital in 2019 IN4 In turn, there were Mr Hua Quyet Thang who sold shares at 9.47%; Mr Huynh Van Thanh who sold 7.83%.

By the end of 2022, the state’s investment in Saigon Cultural Company will be IN4 The corresponding proportion is 45%, which is lower than Schengen Investment’s shareholding proportion.

Schengen Investment Joint Stock Company was established in 2020 and is headquartered in Ho Chi Minh City. It is mainly engaged in the field of real estate business and is also a subsidiary of Century 21 Joint Stock Company (UPCoM: C21).The initial registered capital is VND350 billion, of which C21 As a founding shareholder, she invested 48.57%. In addition, Ms. Lam My Le invested 22.86% and Mr. Do Pham Kim Tai invested 22.57%. Ms. Do Thi Kim Oanh is the general manager and legal representative. Ms. Oanh is also the general manager of the following companies: C21.

Therefore, by owning a Schengen investment, C21 exist IN4 It is also very meaningful.

According to the latest business registration certificate issued in 2021, the registered capital of the Schengen Investment Authority is VND 350 billion. The board of directors and shareholders agreed to increase the subscribed capital to VND585 billion. However, as of June 30, 2023, shareholders have not yet contributed the full amount of capital as promised, and the shareholder structure has not changed since its establishment.

Also in mid-2023, C21 Transferred 500,000 shares of 21st Century Chenmai Co., Ltd. (subsidiary) to Schengen Investment Company for VND 35 billion to restructure investment capital.

According to the investigation, that lady appeared in the 2020 financial statements C21 Has the title of board member.Mr. Dai attended the 2021 vote counting record and collected written opinions from shareholders C21 A shareholder representative who serves as a vote counting supervisor and does not hold an office in the company.

Du Jing