Phat Dat transfers all shares in Thien Long Building Real Estate Investment and Development JSC

On February 2nd 2026, Phat Dat Real Estate Development Corporation (PDR: HOSE) announced the approval for its subsidiary, Binh Duong Building Real Estate Investment and Development JSC (Binh Duong Company), to sign an agreement transferring all shares in Thien Long Building Real Estate Investment and Development JSC (Thien Long Company).

According to Extraordinary Information Disclosure No. 58/2026/PĐ-VPHĐQT, Binh Duong Company (a subsidiary of Phat Dat) signed an agreement to transfer all 140,839,425 shares in its ownership in Thien Long Company. The total par value of the transferred shares amounts to more than VND 1,408 billion.

The transferee of these shares is Thuan An 1 High-Rise Real Estate Investment Co., Ltd.

After signing the agreement on January 30th 2026, Binh Duong Company received the first payment installment totaling VND 1,901,702,423,601 (over VND 1.9 trillion).

As a result, effective from January 30th 2026, Thien Long is no longer a subsidiary of Phat Dat.

Read the full Disclosure here