Who owns 97% of capital at PGBank?

Prosperity and Development Joint Stock Commercial Bank (PGBank - UPCoM: PGB) has just announced information on shareholders owning 1% of charter capital and related persons.

Accordingly, there are a total of 16 shareholders owning nearly 409 million PGB shares, equivalent to nearly 97.4% of the bank's capital. Of which, 3 institutional shareholders own nearly 168 million shares, equivalent to nearly 40% of the capital at PGBank.

Specifically, Cuong Phat International JSC is holding nearly 56.9 million shares, equivalent to 13.541% of PGBank's capital. Vu Anh Duc Trading JSC owns 56.11 million shares, equivalent to 13.36% of capital, and Gia Linh Import-Export and Trade Development LLC has 55 million shares, equivalent to 13.099% of PGBank's capital.

PGBank announced the list of shareholders owning more than 1% of the bank's charter capital.

As reported in the article "PGBank and difficult problems from the Law on Credit Institutions 2024" , 2 out of 3 legal entities above are related to Thanh Cong Group (TC Group).

Specifically, the Chairman of the Board of Directors of Vu Anh Duc Trading JSC updated to mid-2022 is Mr. Vu Van Nhuan. At that time, Mr. Nhuan was the Director of TCHB Company Limited - a subsidiary of TC Viet Hung Technology Complex Industrial Park JSC.

Chairman of the Board of Directors and General Director of Cuong Phat International JSC, Mr. Nguyen Van Manh, is a founding shareholder of PL International JSC - a legal entity owned by businessman Nguyen Anh Tuan's family, in which Mr. Nguyen Toan Thang - Mr. Tuan's younger brother owns 40%; Ms. Nguyen Hong Hanh, Mr. Thang's wife, owns 50%.

On the individual shareholder side, Mr. Dinh Thanh Nghiep - Member of PGBank Board of Directors currently owns 4.3 million shares, equivalent to 1.025% ownership ratio.

The shareholder owning the most shares is Ms. Nguyen Thi Thu Ha with 20.76 million shares, equivalent to 4.94%. Next is Ms. Do Thi Nu with 20.72 million shares, equivalent to 4.93% ownership.

The remaining shareholders own between 14 million and 20 million shares in the bank.

In a recent development, PGBank successfully held the 2024 Extraordinary General Meeting of Shareholders. The General Meeting of Shareholders approved the election of two additional independent members of the Board of Directors, Mr. Dao Quoc Tinh and Ms. Cao Thi Thuy Nga.

At the same time, to ensure facilities and infrastructure, the extraordinary shareholders' meeting of the bank also approved the relocation of the head office to Thanh Cong Building (Thanh Cong Tower), land lot P-D17, Cau Giay New Urban Area, Dich Vong Hau Ward, Cau Giay District, Hanoi City.

Thanh Cong Building was invested by Thanh Cong Group with a scale of 40 million USD and put into operation since 2020.

Source: https://www.nguoiduatin.vn/97-von-tai-pgbank-thuoc-ve-nhung-co-dong-nao-20424091919141636.htm