AsemconnectVietnam - Saigon Thuong Tin Real Estate Joint Stock Company (TTC Land, ticker SCR - HOSE) does not wish to contribute additional capital to Toan Hai Van Joint Stock Company in the share issuance to existing shareholders and will transfer these rights to other investors.

TTC Land has decided not to invest in the additional shares issued to existing shareholders to increase capital in Toan Hai Van Joint Stock Company.
TTC Land will transfer the right to purchase 3,862,303 shares of Toan Hai Van in the additional share issuance to existing shareholders to existing shareholders of Toan Hai Van or other interested investors.
In fact, as of June 30, 2026, TTC Land owns 7.61% of the capital in Toan Hai Van Joint Stock Company, equivalent to an investment of VND514.1 billion.
According to our research, Toan Hai Van introduces itself as a member of the TTC Group, established on April 16, 2009, as the investor of the Dam Bay complex project, a mixed-use tourism area, industrial cluster, and integrated seaport. At the same time, Toan Hai Van also focuses on building and developing warehousing and logistics services and is the investor of the Selavia resort real estate project.
Regarding business operations, in the first half of 2026, TTC Land recorded revenue of VND336.37 billion, a decrease of 35.2% compared to the same period; after-tax profit reached VND23.59 billion, a decrease of 26.5% compared to the same period. However, the gross profit margin improved from 14.2% to 25.5%.
Source: VITIC/Bao Tai chinh – Dau tu