Selling 1 million shares of FPT, Dragon Capital is no longer a major shareholder

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Specifically, through the member fund Norges Bank, the Dragon Capital group of funds has reduced the number of FPT shares holding from 39.4 million units, equivalent to 5.03% of the capital, to 38.4 million units. (4.9% capital).

That means that Dragon Capital is no longer a major shareholder in the leading technology enterprise in Vietnam.

On the market, after experiencing the adjustment in January, FPT’s share price began to rise sharply, closing the session on February 8 at VND71,300 / share. Considering this market price, Dragon Capital may have earned about VND71 billion from the above divestment.

Previously, in January 2020, another foreign organization, Macquarie Bank Limited, also announced that it was no longer a major shareholder of FPT after selling more than 3.3 million FPT shares and earning 208 billion dong.

In 2021, according to a resolution just approved by the Board of Directors, FPT sets a business plan with the revenue target of 34,720 billion dong, pre-tax profit is expected to reach 6,210 billion dong, 16.4% and 18% higher, respectively. compared with 2020 results.

The Board of Directors has also approved an increase in the charter capital of FPT Software Co., Ltd. from VND 2,800 billion to VND 3,300 billion and an increase in the charter capital of FPT Investment Co., Ltd. from VND 800 billion to VND 1,000 billion. These are two companies 100% owned by FPT.

In addition, the Board of Directors approved the establishment of a subsidiary, FPT Digital Company, with the aim of providing consulting services on a comprehensive digital transformation roadmap to help complete the value chain of information technology services and promote the strategic joint venture of the corporation.

Source: – Translated by