AgriS Chairwoman Dang Huynh Uc My Boosts SBT Stake to 13.09%

Overview

AgriS (SBT), listed on HOSE, announced that Chairwoman Dang Huynh Uc My has registered to buy 11 million shares, raising her stake to 13.09% of voting shares. The transaction, expected between September 8 and October 7, 2026, involves a transfer from founder Huynh Bich Ngoc. This move, alongside CEO Thai Van Chuyen’s separate purchase of 15.5 million shares, underscores insider confidence and a generational leadership transition.

Key Facts

• Chairwoman Dang Huynh Uc My registered to buy 11,000,000 SBT shares, equivalent to 1.22% of voting shares.
• After the transaction, her stake will rise to 118,631,662 shares, or 13.09% of voting shares.
• The shares are expected to be transferred from founder Huynh Bich Ngoc.
• Transaction window: September 8, 2026, to October 7, 2026.
• CEO Thai Van Chuyen registered to buy 15,500,000 shares (1.71% of voting shares), increasing his stake to 1.79%.
• AgriS holds a 46% domestic market share in Vietnam’s sugar industry and sources raw materials from nearly 80,000 hectares.
• Distribution network now reaches 76 countries, up from 24 five years ago.
• For fiscal year 2025–2026, net revenue reached VND 26,892 billion (101.5% of plan), with pre-tax profit near VND 908 billion.

What Happened

On August 28, 2026, AgriS (SBT) disclosed that Chairwoman Dang Huynh Uc My had registered to purchase 11 million shares from founder Huynh Bich Ngoc. The transaction is slated for execution between September 8 and October 7, 2026. Following the purchase, My’s ownership will increase to 13.09% of voting shares, reinforcing her role as a key shareholder and leader.

In a parallel move, CEO Thai Van Chuyen also registered to buy 15.5 million shares, lifting his stake to 1.79%. These insider purchases signal strong confidence in AgriS’s strategic direction. The company has been transitioning from a traditional sugar producer to a high-tech agricultural and food value chain integrator, with a focus on technology, data, and ESG initiatives.

Market Context

SBT closed at VND 22,850 on September 3, 2026. The stock is listed on HOSE, and the company operates in the food and beverage sector. Insider buying at these levels suggests management believes the shares are undervalued relative to the company’s growth prospects. AgriS’s dominant 46% domestic sugar market share and expanding international footprint provide a stable base for diversification into rice and other agricultural products.

Strategic Significance

The purchases by the chairwoman and CEO underscore a long-term commitment to AgriS’s transformation. The leadership transition from founder Huynh Bich Ngoc to her daughter, Dang Huynh Uc My, marks a new era focused on innovation and sustainability. The company’s shift toward high-tech agriculture and value-added food products aligns with broader trends in Vietnam’s agricultural sector, potentially opening new revenue streams and improving margins. Insider buying at this scale is a strong signal to institutional investors about management’s confidence in the company’s future.

What to Watch

• Completion of the share purchases by September–October 2026, as registered.
• Quarterly earnings reports for fiscal 2026–2027 to gauge progress on diversification and margin improvement.
• Updates on new strategic partnerships or JVs, especially in high-tech agriculture or export markets.
• Any changes in foreign ownership limits or regulatory developments affecting the sugar sector.
• Management commentary on capital allocation and dividend policy at the next shareholder meeting.