On October 28, 2020, Tien Phong Securities Corporation (short name: TPS) sent an announcement on transactions of a related person with main following information:
- Trader: Tien Phong Securities Corporation
- Stock code in transaction: TPB
- Owning volume before trading: 0 shares
- Registered trading volume (buy): 5,100,000 shares
- Owning volume after trading: 5,100,000 shares
- Purpose: to restructure portfolio
- Trading method: order-matching and put-through
- Trading time: from November 02, 2020 to December 01, 2020
However, Tien Phong Commercial Joint Stock Bank (stock code: TPB) is owning 9,010,000 shares of Tien Phong Securities Corporation (stock code: ORS) and if the purchase of TPB shares is completed as announced, the fact that Tien Phong Commercial Joint Stock Bank owns ORS will not be consistent with the law on credit institutions. Therefore, the purchase of TPB shares will not be executed. TPS confirmed that TPS did not own any TPB shares at present.