PDR shares are rising rapidly: Board of Directors sells 88 million shares!

PDR shares are rising rapidly: Board of Directors sells 88 million shares!

Nguyen Van Dat, chairman of Phat Dat Real Estate Development Joint Stock Company, has announced the sale of 88 million shares of the company. This decision was announced on August 30, 2025. The current market price of PDR shares has increased to its highest level in a year; on August 29, 2025, the rate was VND 24,550, an increase of over 50% in the last quarter. The liquidity of PDR shares has increased since the beginning of July 2025 and reached the highest level since the beginning of 2023, which obviously reflects investors' confidence in the company.

The transaction will take place from September 5th to October 3rd, with Dat stating that he is making this move to address personal financial needs. Following the sale, Dat's stake in PDR would decline from 36.72% to 27.7%, representing nearly 272 million shares. It is expected that Dat could earn about VND2,200 billion from this sale. Despite this sale, he stressed that he was willing to give up short-term benefits to secure long-term benefits for Phat Dat and shareholders. At the end of 2022, Dat had already sold over VND2,000 billion worth of personal assets to help Phat Dat pay off debts.

Strategic direction and future vision

For its part, Phat Dat has announced a strategic refocus on key urban areas. The company is negotiating to acquire major projects in Ho Chi Minh City, Binh Duong, Ba Ria – Vung Tau and Hanoi. These moves are part of a comprehensive plan to strengthen Phat Dat's market position and underline its long-term growth strategy.

A significant event of the company was held on February 28, 2025, where the achievements of 2024 and the development plans for 2025 were presented. The event was led by Nguyen Van Dat himself as well as CEO Bui Quang Anh Vu and financial expert Lam Minh Chanh (“Uncle Ba Finance”). The achievements of 2024 included, among others, a comprehensive transformation of PDR, the completion of corporate restructuring and an increase in net sales to VND2,017 billion.

Goals and projects for 2025

Phat Dat is planning strategic projects for 2025, including:

• Thuan An 1 & 2 (Binh Duong): LEED-zertifizierte urbane Komplexe, Verkaufsstart im Q2/2025
• Quy Nhon Iconic Phase 2 (Binh Dinh): Premium-Wohngebiet, Verkaufsstart im März 2025
• Q1 Tower (Quy Nhon): Strand-Condotel, Verkaufsstart im April 2025
• Con Dao Resort Complex, Serenity Phuoc Hai (Ba Ria-Vung Tau), Nhu Nguyet Commercial Complex (Da Nang): Luxusprojekte für Zweitwohnungen und gemischte Nutzung

With Vietnam's real estate sector recovering strongly, supported by government reforms, PDR is positioning itself as an industry leader with a strategic base. The company also aims to attract foreign investment funds through a transparent legal framework and expand the distribution network with partners such as Big Four and Realty Holdings.

Overall, Phat Dat focuses on achieving sustainable and long-term value creation for shareholders, customers and partners. As the company continues to expand its operations and increase stock liquidity, it will be interesting to see how the various strategic initiatives develop in the coming months.