Red Capital divested over 10 million shares of Vĩnh Sơn - Sông Hinh Hydropower Joint Stock Company, reducing its ownership stake to below the threshold of a major shareholder.

Target Information

Red Capital, a prominent investment fund management company, recently announced the divestment of over 10 million shares of Vĩnh Sơn - Sông Hinh Hydropower Joint Stock Company (HOSE: VSH). This transaction took place on November 19, leading to a significant reduction in Red Capital's stake from 12.94 million shares to 2.64 million shares. Consequently, their ownership percentage decreased from 5.48% to 1.12%, resulting in Red Capital no longer being classified as a major shareholder in VSH.

Industry Overview in Vietnam

The Vietnamese M&A scene remains vibrant, with six notable transactions reported in the week ending November 28, 2025. The VN-Index rose by 6.67 points (0.4%) to close at 1690.99, while the HNX-Index fell by 1.52 points (0.58%) to 259.91. The market experienced a predominantly negative sentiment, with 417 declining stocks compared to 289 rising ones.

In terms of trading activity, the VN-Index recorded a liquidity volume exceeding 632 million shares, corresponding to a transaction