Kosy Chairman faces failed forced stock liquidations

Dai Viet Securities Joint Stock Company (DVSC) reported unsuccessful attempts to conduct forced liquidations of KOS shares belonging to Nguyen Viet Cuong, Chairman of Kosy Joint Stock Company, and Leo Regulus Investment Joint Stock Company on October 7, 2026. Despite the liquidation efforts, zero shares were successfully matched in the trading session.

This occurs as KOS stock has experienced a continuous decline, hitting the floor price for 14 consecutive sessions since September 21. The stock has lost nearly 65% of its value in approximately three weeks, with market capitalization dropping to approximately 2.403 trillion VND. Low liquidity and continuous selling pressure have made the disposal of collateral assets through forced liquidation difficult.