Tag: "pnj"
Foreign funds buy nearly 5mn more PNJ shares after diamond case findings in Vietnam

Foreign funds buy nearly 5mn more PNJ shares after diamond case findings in Vietnam

Economy 16:42 25/08/2026

A group of foreign investors affiliated with T. Rowe Price Associates has purchased more than 4.85 million additional shares of Phu Nhuan Jewelry JSC (PNJ), raising its stake in the Vietnamese jewelry retailer to 6.02 percent.

24 funds exit Vietnam’s PNJ stock as retail investors step in

24 funds exit Vietnam’s PNJ stock as retail investors step in

Economy 18:04 21/08/2026

Domestic individual investors emerged as the main buyers of PNJ shares during a sharp sell-off in July, when 24 investment funds fully exited their positions and the jeweler’s share price lost more than half its value.

Vietnamese jeweler PNJ shares hit ceiling after diamond smuggling case update

Vietnamese jeweler PNJ shares hit ceiling after diamond smuggling case update

Economy 15:04 21/08/2026

Vietnam's listed jewelry maker Phu Nhuan Jewelry JSC (PNJ) shares hit their daily price ceiling at VND39,900 (US$1.52) on Friday morning after Thanh Hoa police in north-central Vietnam released examination results in a diamond smuggling case involving a former director of the company's wholly owned subsidiary.

Foreign investor group becomes major shareholder in Vietnam’s jeweler PNJ

Foreign investor group becomes major shareholder in Vietnam’s jeweler PNJ

Economy 19:08 19/08/2026

A group of five foreign investment funds has increased its stake in Vietnamese jeweler PNJ to 5.04 percent, officially becoming a major shareholder just days before the firm closes its shareholder list for an extraordinary general meeting.

Vietnamese jeweler PNJ to hold extraordinary shareholders’ meeting amid market challenges

Vietnamese jeweler PNJ to hold extraordinary shareholders’ meeting amid market challenges

Economy 14:42 07/08/2026

Vietnam’s listed jewelry maker Phu Nhuan Jewelry JSC (PNJ) will convene an extraordinary shareholders’ meeting in October to seek approval for adjustments to its 2026 business plan, following recent market turbulence and internal challenges.

Another foreign fund group exits substantial shareholder position in Vietnamese jeweler PNJ

Another foreign fund group exits substantial shareholder position in Vietnamese jeweler PNJ

Economy 07:09 01/08/2026

A group of foreign investors represented by T. Rowe Price Associates, Inc. has reported that it is no longer a major shareholder in Vietnam’s listed jewelry maker Phu Nhuan Jewelry JSC (PNJ) as of July 24.

Vietnam’s jeweler PNJ spends over $265mn buying back gold, diamonds

Vietnam’s jeweler PNJ spends over $265mn buying back gold, diamonds

Economy 16:34 29/07/2026

Vietnam’s listed jewelry maker Phu Nhuan Jewelry JSC (PNJ) has spent more than VND7 trillion (US$265 million) buying back PNJ-branded gold and diamond products from customers since the beginning of July, as a surge in resale demand put pressure on the company’s liquidity.

Vietnam’s VN-Index starts new week on downbeat note amid selling pressure

Vietnam’s VN-Index starts new week on downbeat note amid selling pressure

Economy 19:11 27/07/2026

Vietnam’s benchmark VN-Index closed the first trading session of the week in a negative territory, with multiple securities stocks hitting their floor prices.

Dragon Capital no longer Vietnamese jeweler PNJ’s major shareholder after share sale

Dragon Capital no longer Vietnamese jeweler PNJ’s major shareholder after share sale

Economy 14:25 23/07/2026

Vietnam-focused asset manager Dragon Capital has ceased to be a major shareholder of Phu Nhuan Jewelry JSC (PNJ) after its affiliated funds sold more than 2.5 million PNJ shares to reduce their combined ownership to below five percent, amid a sharp decline in PNJ’s stock price since early July.

Vietnam’s jeweler PNJ divests entire stake in Cashion’s parent company

Vietnam’s jeweler PNJ divests entire stake in Cashion’s parent company

Economy 18:47 21/07/2026

Vietnam’s listed jewelry maker Phu Nhuan Jewelry JSC (PNJ) has divested its entire stake in Golden Friend JSC, the parent company of diamond retailing chain Cashion, citing overlapping business activities after Golden Friend expanded into jewelry and diamond trading, according to PNJ’s press release on Monday.

Vietnam police charge 3 jewelry store owners in cross-border diamond smuggling investigation

Vietnam police charge 3 jewelry store owners in cross-border diamond smuggling investigation

Ho Chi Minh City 11:08 15/07/2026

Vietnamese investigators have charged the owners of three prominent jewelry businesses, including Kim Ly, Ngoc Tam, and Ngoc Chau Au, in Ho Chi Minh City, following an expanded probe into a transnational diamond smuggling network allegedly operated by Indian nationals from Hong Kong.

VinaCapital exits major shareholder status in Vietnamese jeweler PNJ after share sale

VinaCapital exits major shareholder status in Vietnamese jeweler PNJ after share sale

Economy 15:13 11/07/2026

Funds managed by VinaCapital, a leading investment management firm in Vietnam, have ceased to be major shareholders in Vietnam’s listed jewelry maker Phu Nhuan Jewelry JSC (PNJ) after selling more than three million shares on Wednesday.