CII Group increases PC1 Group stake and announces bond buyback

CII Group is expanding its investment footprint and managing its debt obligations. CII Invest, a subsidiary of CII, recently purchased an additional 494,600 shares of PC1 Group, bringing the CII group's total ownership in PC1 to 12.08%. This follows a series of acquisitions by the group since June 2026.

In a separate move, CII has approved a plan to conduct an early buyback of 1,080 bonds (code CII12404) totaling 108 billion VND. The buyback will be executed at a price of 100 million VND per bond. The registration deadline for bondholders is August 26, 2026, with the payment expected to be completed by November 16, 2026.

Regarding PC1 Group's leadership, 27-year-old Trinh Khanh Linh was recently elected Chairwoman of the Board following an extraordinary general meeting. Ms. Linh, a finance graduate from George Washington University, previously held roles at KPMG Vietnam and Vietcap. PC1 reported a 31% decrease in net revenue for the second quarter of 2026 compared to the same period last year.