Ms. Dang Huynh Uc My registered to buy 5 million stocks of SBT
The Board of Directors of SBT simultaneously registered to buy a large number of stocks in the context of market volatility.
On November 24, 2022, Ms. Dang Huynh Uc My - Vice Chairman of Thanh Thanh Cong Bien Hoa Joint Stock Company (AgriS, Hose: SBT) registered to buy 5 million stocks of SBT. The transaction is expected to be implemented by 100% order matching method from November 29, 2022 to December 28, 2022. Up to now, Ms. My is holding 100.137.492 stocks of SBT, equivalent to 15.39% share capital. If successfully purchased all 5 million registered shares, Ms. My will increase her ownership in SBT to 105.137.492 stocks, equivalent to 16.15%.
Previously, at SBT's 2021-2022 annual general meeting of shareholders held at the end of October, Ms. My also affirmed: "I myself will consider participating more in SBT shares in the near future. " when it comes to SBT's stock price movements.
She shared: "Over the past time, the stock market has fluctuated strongly, the general pressure and many barriers have affected SBT stocks, the coming period when the market is more stable will certainly be more attractive. you will reap the sweet fruit beyond your expectations, not the usual results."
In fact, in terms of investment performance, in the context of market instability, this agricultural unit always tries to maintain its plan to pay dividends of 5-7% to shareholders every year. SBT is also developing agriculture in the direction of modernity, agriculture 4.0, so the business value will increase according to the company's development momentum.
Ms. Dang Huynh Uc My - Vice Chairman of the board of directors of AgriS is speaking
at Genarel Meeting of Shareholders in 2021 - 2022
Previously, Ms. Huynh Bich Ngoc - Chairman of the Board of Directors registered to buy 2 million stocks of SBT. The transaction is expected to be executed by order matching method from November 28, 2022 to December 27, 2022. Up to now, Ms. Ngoc is holding 69.724.473 stocks of SBT, equivalent to 10.71% of share capital. If successfully buying all 2 million registered stocks, Ms. Ngoc will increase her ownership in SBT to 71.724.473 stocks, equivalent to 11.02%.
Mr. Hoang Manh Tien - Independent member of the Board of Directors also registered to buy 800.000 stocks, the transaction is expected to be carried out by put-through and/or order matching method from November 28, 2022 to November 28, 2022. December 27, 2022. Up to now, Mr. Tien is holding 1.575.000 stocks, equivalent to 0.24%. If he successfully buys 800.000 registered stocks, Mr. Tien will increase his ownership in SBT to 2.375.000 shares, equivalent to 0.36%.
Thus, in a short time, the fact that a series of key leaders of SBT continuously subscribed to buy a large number of SBT stocks is considered an act of commitment to accompany shareholders and a determination to stick with them for a long time. Members of the Board of Directors, contribute to the company's sustainable development strategy and share the results with stakeholders.
AgriS has also just announced its financial statements for the first quarter (July 1 to September 30) with positive results when recording net revenue of 5.309 billion, up 23% over the same period, completing 31% of the plan. Profit after tax reached 262 billion, up 34% over the same period. Sales volume of other sales channels also recorded growth over the same period. Especially, the export channel grew significantly when sales volume increased by 80%, the B2B industry channel increased by 44% over the same period. This is a positive sign that sugar consumption demand has improved significantly during the economic recovery period.
SBT - Transforming business model, affirming competitive advantage with AgriS brand
Also at the meeting, Ms. My shared about AgriS (Hose: SBT) officially transforming its business model from a pure agricultural production company to an integrated intelligent agricultural economic model with a transformation orientation. comprehensive management model from purely technical production to production - import - export - trade in agricultural services on the basis of multinational development. The company's transition from this core governance model to a higher value chain, which not only provides key products from sugar but also expands production of other high value - added agricultural products, will upgrade at the same time, the scale and quality of management meet international standards to serve as the foundation for determining the company's competitive strength in the market, especially the international market.
AgriS moves to build a business providing comprehensive agricultural solutions from farm to fork and customer's factory. AgriS is determined to focus on commercial business activities according to market demand, promoting R&D activities to become enterprises producing high value-added agricultural products, integrated consumer trade, for example. such as: the seasoning segment for cooking, the product segment for housewives and children, the probiotic product segment, etc. All strategies will create conditions for AgriS to perfect the system service ecology, market orientation, thereby anticipating all needs of domestic and international customers, realizing the strategic goal of becoming a hi-tech agricultural enterprise, developing sustainable, strongly participating in international agricultural value chain to bring many benefits for partners of SBT.
Via Nguoi Lao Dong