Being ‘contaminated’, the stock of this business dropped continuously because it had the same name as Mr. Trinh Van Quyet’s business.

11/04/2022 13:10 GMT+7

In a recent statement to shareholders, Bamboo Capital said that the market is being affected by negative rumors and the group is being affected by these rumors.

“We think these are only short-term developments and the market will soon recover with positive signs of the economy after the pandemic. In addition, BCG’s business activities are still going normally and sticking to the goals set out at the beginning of the year. Our projects in the real estate, renewable energy and construction – infrastructure sectors are still on schedule and in legal compliance”, quoted BCG’s statement sent to shareholders after the news appeared. negative rumors about the group’s projects.

BCG’s share price has fallen sharply since the end of March, from a peak of 28,300 VND/share on March 25, BCG’s share price has decreased by 21.72% since then, to 23,250 VND/share.

In the latest trading session, on April 8, BCG hit the floor price and was the third consecutive decrease. In the last 10 trading sessions, this stock experienced 7 decreasing sessions.

Mr. Nguyen Hunan, Chairman of BCG and Chairman of a series of related businesses. Photo: BCG.

Bamboo Capital is an emerging corporation, operating in the fields of renewable energy, infrastructure – construction, real estate, manufacturing – commerce and finance – insurance. In which, renewable energy and infrastructure development are the core of the development strategy.

Recently, BCG often appears in trillion-dollar acquisitions, even in the power struggle at Eximbank. BCG used to participate in the “game” of Eximbank when shaking hands with Global Group to win a seat on this bank’s Board of Directors in 2021.

Established in 2011, BCG has listed its shares on the stock exchange since 2015. The current Board of Directors and Board of Directors does not have any individuals related to the FLC ecosystem.

Mr. Nguyen Ho Nam (SN 1978) is the founder and Chairman of the Board of Directors of BCG. Currently, Mr. Nam is also the Chairman of Nguyen Hoang Development Joint Stock Company, Transport and Industry Development Investment Joint Stock Company (TRACODI), BCG Land JSC and BCG Energy Joint Stock Company – four key member companies of BCG Group. .

Mr. Nam has also just been elected to the Board of Directors of Tipharco Pharmaceutical JSC (UpCOM: DTG) and is the Chairman of the Board of Directors of this company after BCG successfully acquired Tipharco. Mr. Nguyen Hunan is a major shareholder, holding 1,570,000 DTG shares, equivalent to 24.86%. In general, Mr. Nguyen Hunan and a group of related shareholders Bamboo Capital are holding nearly 90% of Tipharco shares.

Before establishing BCG in 2011, Mr. Nam was the founder and Chairman of the Board of Directors of Saigon Thuong Tin Bank Securities Joint Stock Company (Sacombank – SBS), a company under the Sacombank Group of the wealthy family. Dang Van Thanh.

Chairman of the Board of Directors Nguyen Ho Nam is the largest shareholder of BCG when directly holding 17.63% (more than 78.75 million shares), worth 1,800 billion VND at current market price.

In addition, Mr. Nam is also directly or indirectly owning 23% of the capital in Vinaconex Urban and Housing Development and Investment JSC (VHD), 6.73% of the capital in the Industrial and Transport Investment Development Joint Stock Company, respectively. load (TCD), total value of 560 billion VND.

Ms. Nguyen Thi Thuy Linh, Mr. Nam’s wife, is also holding more than 7.4 million BCG shares, worth about 170 billion VND.

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