Duc Giang Chemicals Group nominates two members to Tia Sang Battery board

Duc Giang Chemicals Group (DGC) has nominated Nguyen Tat Dai and Nguyen Van Thoa to be elected to the Board of Directors of Tia Sang Battery Joint Stock Company (TSB) for the remainder of the 2023–2028 term. DGC holds a 51% controlling interest in TSB.

The nominations come as TSB undergoes a management restructuring following high-level personnel changes. An extraordinary general meeting of shareholders is scheduled for October 2, 2026, in Hanoi. This meeting aims to dismiss two current board members, Luu Bach Dat and Phung Trong Tu, who are reportedly under investigation by the Ministry of Public Security.

Separately, Duc Giang Chemicals Group announced it will close its shareholder list on September 15 to facilitate dividend payments. The company plans to pay a total dividend rate of 80% (8,000 VND per share), consisting of the remaining 2025 dividends (50%) and a 2026 advance (30%), with an expected payment date of September 25, 2026.