REE

GMD saw proprietary trading desks net buy over VND 300 billion on July 20, accounting for nearly 70% of total proprietary net buying on HOSE. Foreign investors net sold VND 96 billion, with VCB leading the sell-off. The divergence highlights continued foreign outflow pressure while domestic institutions selectively accumulate logistics and real estate names.

GMD saw VND 300 billion in net buying from proprietary trading desks on July 20, the largest single-stock inflow, as VN-Index dropped 43.94 points. The buying partially offset foreign net selling of VND 86 billion across the market, signaling domestic institutional support for select blue chips.

FPT and PNJ have seen their foreign ownership limits open significantly as foreign investors sold heavily in 2026, with FPT alone seeing net outflows of VND 16,600B. MWG and REE remain near their foreign ownership caps, reflecting divergent foreign investor sentiment among Vietnam's former 'blue diamonds'.

Platinum Victory Pte. Ltd has registered to acquire 20.48 million REE shares, aiming to lift its ownership to 44.99% after a prior attempt failed due to unfavorable market conditions. The move follows an extraordinary shareholder meeting that approved leadership changes, including a new Chairman from Platinum Victory, and an ESOP issuance.

REE (HOSE) announces a generational leadership transition as founder Ms. Mai Thanh steps down as Chairwoman after 44 years. Her son, Nguyen Ngoc Thai Binh, is appointed CEO, while Mr. Lee Liang Whye of major shareholder Platinum Victory becomes Chairman. The company also guided H1 2026 net profit of 1,300-1,500 billion VND, signaling stable operations amid the handover.

REE Chairwoman Nguyen Thi Mai Thanh resigned from the Board of Directors effective July 10, 2026, to comply with governance rules after her son became CEO. She remains as Chair of the Strategy Committee. The company also approved an ESOP issuance and reported a 3.2-16% drop in H1 2026 net profit, with the power segment contributing 56%.

Platinum Victory Pte. Ltd., a Singapore-based major shareholder of REE, has registered to acquire 20.5 million shares to raise its stake to 44.99%, following a prior failed attempt. The move comes as REE reports strong Q1 2026 results with revenue up 20% and net profit up 15%, driven by its M&E and energy segments.

Platinum Victory PTE, a foreign fund group, has registered to acquire nearly 20.5 million shares of REE, lifting its stake from 41.7% to 44.99% via negotiated or order-matching transactions from June 15 to July 14. The move signals continued foreign confidence in the industrial conglomerate, which also approved a 500,000-share ESOP and completed a 15% stock dividend distribution.

REE plans to issue 500,000 ESOP shares at VND 10,000 each to key employees, with a 3-year lock-up and phased release. The company also completed a 15% stock dividend and a 10% cash dividend. CEO Ashok Ramachandran resigned effective May 31, 2026, adding management transition risk.

Proprietary trading desks of securities companies net sold 360 billion VND on HOSE on June 1, 2026, with SHB the most sold stock at -29 billion VND. Foreign investors also net sold 634 billion VND across the market, adding to negative sentiment. The selling pressure contributed to a 1.02% drop in the VN-Index to 1,844.54 points.

REE and Novaland are among several Vietnamese real estate companies transitioning leadership to the next generation. REE's founder Nguyen Thi Mai Thanh steps down as chair, with her son Nguyen Ngoc Thai Binh becoming CEO; Novaland's founder Bui Thanh Nhon hands chairmanship to his son Bui Cao Nhat Quan. The moves signal a strategic shift toward professionalizing management while retaining family influence.

REE completed a 15% stock dividend issuance of 81.2 million shares, lifting charter capital to over VND 6,200 billion. Concurrently, CEO Ashok Ramachandran and Chairwoman Nguyen Thi Mai Thanh resigned, with Nguyen Ngoc Thai Binh appointed as new CEO and Lee Liang Whye as Chairman, signaling a leadership transition.