BIG Welcomes Foreign Strategic Investor Brookland Group, Paving Way for HOSE Listing

Overview

BIG Group (UPCOM: BIG) has officially welcomed foreign fund Brookland Group as a strategic shareholder, signing an agreement in early September 2026. Brookland commits to holding at least 2 million shares and investing up to USD 10 million, supporting BIG’s roadmap to list on the HOSE exchange.

Key Facts

• Brookland Group will acquire at least 2 million BIG shares from existing major shareholders via negotiated transactions.
• The foreign fund plans to participate in future share issuances with total disbursement of up to USD 10 million.
• Brookland Group operates in 24 countries with 35 years of experience and has deployed over USD 12 billion across investment cycles.
• BIG will nominate a Brookland representative for the position of independent Board member at the next AGM.
• BIG’s P/E ratio is approximately 2.0 times based on 2025 EPS, indicating attractive valuation.
• The signing ceremony took place in early September 2026.
• BIG is currently listed on UPCOM and aims to transfer to HOSE.

What Happened

In early September 2026, BIG Group and Brookland Group signed a strategic cooperation agreement, elevating their relationship to a comprehensive strategic partnership. Brookland, an investment fund with a global footprint, will acquire at least 2 million BIG shares from existing shareholders through negotiated deals, ensuring it becomes a major shareholder with aligned interests.

Beyond the initial share purchase, Brookland intends to participate in future share issuances, with total planned disbursement reaching USD 10 million. The agreement also includes plans to nominate a Brookland representative to BIG’s Board of Directors as an independent member, aiming to enhance governance standards and transparency. Chairman Kiều Văn Khoa welcomed the international shareholder, emphasizing the move’s importance for BIG’s growth and HOSE listing preparation.

Market Context

BIG shares closed at VND 4,500 on September 7, 2026, on the UPCOM exchange. The company operates in the food and beverage sector, with a diversified business ecosystem including commercial real estate and services. The strategic partnership comes as BIG seeks to upgrade its listing to HOSE, a move that typically requires stronger governance and financial performance. The deal is expected to bolster investor confidence and support the stock’s re-rating.

Strategic Significance

For long-term investors, this partnership signals BIG’s commitment to international standards and growth acceleration. Brookland’s capital and expertise are poised to fast-track key projects in the Mekong Delta region, including commercial properties and luxury hospitality ventures. The presence of a foreign strategic investor with board representation could improve transparency and operational efficiency, making BIG more attractive to institutional investors. This move also aligns with broader trends of foreign participation in Vietnam’s capital markets, potentially setting a precedent for similar deals in the sector.

What to Watch

• Completion of the negotiated share transfer and Brookland’s formal registration as a major shareholder.
• Details of Brookland’s participation in future share issuances, including timing and pricing.
• Nomination and election of the Brookland representative to the Board at the next AGM.
• Progress on BIG’s HOSE listing application and any regulatory approvals.
• Quarterly earnings reports to assess the impact of the partnership on operational performance.