ACFC to sell over 2.6 million Sasco shares

European Fashion and Cosmetics Co., Ltd. (ACFC), an entity related to Sasco Board Member Le Hong Thuy Tien, has registered to sell more than 2.6 million shares of Tan Son Nhat Airport Services Joint Stock Company (Sasco, ticker: SAS). The sale is intended to restructure ACFC's investment portfolio.

The transaction is expected to take place between November 4 and December 2, 2026, via agreement or order matching methods. Prior to this transaction, ACFC held 19.8 million SAS shares, representing nearly 15% of Sasco's charter capital. If the sale is completed, ACFC's ownership will decrease to approximately 13%.

Based on the market price of 34,600 VND per share on November 2, the value of the shares being sold is approximately 92.4 billion VND. Le Hong Thuy Tien, the wife of Sasco Chairman Johnathan Hanh Nguyen, serves as a member of the Board of Directors for both Sasco and ACFC.