< Back to all clusters
[BUSINESS] · Vietnam · 5 sources

LPBank shares surge as Pham Thu Huong and Pham Nhat Vuong together hold nearly 10% of bank

LPBank announced on 27 July 2024 that two individuals, Pham Thu Huong and Pham Nhat Vuong, now own a combined 294.5 million shares, amounting to about 9.86 % of the bank’s charter capital. Huong holds 148,313,788 shares (4.965 %) and Vuong holds 146.2 million shares (4.894 %). The updated shareholder list also confirms VNPost as the largest shareholder with 195.286 million shares (6.537 %).

Following the disclosure, LPBank’s stock price hit the ceiling of 56,000 VND per share on the same trading day, reflecting strong market reaction. The update complies with Vietnam’s 2024 Law on Credit Institutions, which requires banks to disclose shareholders owning at least 1 % of charter capital.

Entities: LPBank · Pham Nhat Vuong · Pham Thu Huong · Vietnam Post (VNPost) · Vingroup

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

  • [○ 1 SOURCE] The shareholder list update complies with Vietnam’s 2024 Law on Credit Institutions requiring disclosure of shareholders with at least 1 % ownership. (Article a0461095-67ea-4a3f-ba01-1d2b84130fba)
  • [● 4 SOURCES] VNPost remains LPBank’s largest shareholder with 195.286 million shares, representing 6.537 % of charter capital. (All articles)
  • [● 4 SOURCES] Pham Nhat Vuong holds 146.2 million shares of LPBank, representing 4.894 % of charter capital. (All articles)
  • [● 4 SOURCES] Together, Pham Thu Huong and Pham Nhat Vuong own about 294.5 million shares, roughly 9.86 % of LPBank’s charter capital. (All articles)
  • [● 4 SOURCES] Pham Thu Huong holds 148,313,788 shares of LPBank, representing 4.965 % of charter capital. (All articles)
  • [○ 1 SOURCE] LPBank’s share price rose to the ceiling of 56,000 VND per share on the trading day of the shareholder announcement. (Article 8487902d-8fb4-40fc-a612-d0bc6cea9629)
  • [● 4 SOURCES] LPBank updated its shareholder list on 27 July 2024 to disclose shareholders owning at least 1 % of charter capital. (All articles)