Dragon Capital funds buys 2.7 million shares of Dat Xanh Group (DXG)
Dragon Capital funds buys 2.7 million shares of Dat Xanh Group (DXG)
A group of investment funds run by Dragon Capital announced on Saturday it had successfully bought more than 2.71 million shares of Dat Xanh Group JSC (DXG). 
DC Developing Market Strategies Public Ltd Co purchased 964,000 shares of DXG while Amersham Industries Ltd acquired 900,000. CTBC Vietnam Equity Fund and Norges Bank, respectively increased their ownership by 500,000 and more than 349,000 shares.
After the deals, the amount of shares held by Dragon Capital group was raised from nearly 71.8 million shares to approximately 74.5 million, equivalent to an increase in ownership rate from 13.85 per cent to 14.37 per cent.
The transaction took place on June 24, 2021, with a price of VND24,200 per share, Dragon Capital group spent nearly VND66 billion in the deals (US$2.9 million).
Regarding the ownership structure of the group members, currently Grinling International Ltd is holding the most with more than 19.1 million shares of DXG, equivalent to 3.69 per cent of capital. Norges Bank owns 16.3 million shares or 3.15 per cent capital and Vietnam Enterprise Investments holds 15.75 million shares or 3.04 per cent of capital.
On the stock market, DXG shares closed Friday at VND24,150 per share, down 16 per cent from the peak of VND28,900 per share set in early June, but still recording growth of 51 per cent than at the beginning of 2021.
