Dragon Capital increases ownership in Hoa Sen Group

HCMC – Dragon Capital has raised its stake in Hoa Sen Group, which trades its HSG shares on the Hochiminh Stock Exchange, by acquiring an additional 1.31 million shares. Dragon Capital made the purchase on August 2, elevating its ownership from 8.9% to 9.11% of the steelmaker’s charter capital. Norges Bank, a member of Dragon Capital, bought the highest amount, at 1.11 million shares, while Hanoi International Limited as another member acquired 200,000 million shares. In prior transactions, Dragon Capital acquired over 2.1 million HSG shares on June 16, and subsequently sold more than one million HSG shares on July 20. Closing the trading session today, August 8, HSG shares inched down 1.58% to VND18,700 per share, with 13.5 million shares matched.