NVL — Vietnamese Stock News

Novaland (NVL) board approves raising private placement to 800M shares, capital target to VND 8,000B, with flexible pricing. AGM to vote on revised plan.

Novaland (NVL) sees nearly 1.2M shares forcibly sold from two major shareholders linked to Chairman Bui Thanh Nhon, reducing their stakes. Analysis of the stake change and market impact.

Novaland (NVL) major shareholders NovaGroup and Diamond Properties had over 1.2M NVL shares sold by securities firms to enforce collateral, reducing stakes. HOSE-listed real estate developer.

Novaland (NVL) cuts charter capital at subsidiary NVL Dat Tam from VND 100B to VND 100M. Analysis of the real estate developer's strategic move and market context.

Novaland (NVL) sets 2026 revenue target of VND 22,715B and net profit of VND 1,852B after restructuring. HOSE-listed real estate developer cites project deliveries and new credit lines.

Novaland (NVL) approved a capital reduction to retrieve VND 2,000B from a subsidiary and set a VND 36,000 conversion price for its $300M bonds, 3.5x above market.

Novaland (NVL) approved early repurchase of 21 bond lots worth VND 7,000B (~USD 280M) at par plus accrued interest, executing from Dec 27, 2024 to Jan 30, 2025.

Novaland (NVL) targets 2026 revenue of VND 22,715B (+224.5% vs 2025) but net profit flat at VND 1,852B, citing high interest rates and construction costs.