Duc Long Gia Lai JSC : The chairman of DLGL completed to buy 10 million of shares

In the morning of 14/ 12, Mr. Bui Phap, the Chairman of DLGL JSC (Hose: DLG) officially completed to buy 10 million shraes of DLG with the method of agreement and buy directly from stock exchange market in order to increase his portion in the company which he owns.

Therefore, until now, MrPhap owns 44 millions of DLG's shares equal to 20% of the company's capital. With this portion, Mr.Phap has strengthened his majority position among the company's shareholders.

Decided to buy shares at the falling down price, Mr. Phap said: ' as a highest manager of the company, I totally understand how DLG is operating and the result of capital using. I strongly assure that DLG has been running efficiency, all its sectors has achieved positive result, especially 3 main sectors: toll gates of 2 BOT projects, electronic component manufacturing and real estate in Hochiminh City. DLG investment activities has been continuous done, especially in an international market.'

Before that, even though DLG share has been reduced significantly, the share code has gained considerably attention from international funds. Besides Mr. Phap Bui who owns the most DLG shares, a financial institute named PYN ELITE FUND is on the second place of owning DLG share. From 23/09 to 08/12, this fund has bought another 5.6 million shares that increase its total portion in DLG to 34,5 million shares equal to 15.72% of total capital. Among those, on 8/12, PYN bought 4 million shares.

Furthermore, DLG managers has informed that there is number of international conglomerates are interested in cooperating with DLG in the near future.

In the last quarter, besides the contribution from traditional sectors, the other strategy sectors which as infrastructure, electronic component and real estate in HCM is continuously contributing huge revenue and profit to the Group. Hence, together with the result from last 3 quarter, DLG is possibility to meet its target this year.