Former FPT Group’s CEO sells most of his shares, earning $2.5 million
Former FPT Group’s CEO sells most of his shares, earning $2.5 million
After resigning from a series of important positions in FPT Group, the former CEO Truong Dinh Anh has withdrawn his capital from FPT. Currently, Truong Dinh Anh is still a member of the FPT Board of Directors.
On October 15, the Ho Chi Minh City Stock Exchange (HSX) published the official statement of the stock trading of Truong Dinh Anh at FPT Group.
Accordingly, Truong Dinh Anh has successfully sold 1,157,117 shares of FPT as previously registered, bringing the number of shares held by Truong Dinh Anh in the group down to 21,428.
Truong Dinh Anh’s sale of FPT shares was made under the agreement transaction from 23/9 to 8/10/2013. According to Dan Tri online newswire, in the three sessions on 4/10, 7/10 and 8/10, FPT shares were sold in the form of agreements reached 1,099,117 shares, which is equal to the number of shares sold by Truong Dinh Anh.
If it is true that Truong Dinh Anh sold his shares in these session, he earned nearly VND49 billion (about $2.5 million).
However, from 23/9 to 27/9 (the time Truong Dinh Anh registered to sell his shares), in five consecutive sessions, 1,498,838 FPT shares were traded in the agreement form.
From 23/9 to 8/10, the price for FPT shares increased from VND43,500 to VND45,900 dong, an increase of 5.5 percent in value. The price for FPT shares by noon 15/10 was VND45,000, a slight increase of VND100.
Currently, Truong Dinh Anh is a member of the FPT Board of Directors after resigning from a series of important positions in the corporation. Truong Dinh Anh is one of the longtime leaders of FPT. Joined FPT in 1993, Truong Dinh Anh, 43, has had 20 years working in FPT.
vietnamnet
