Phat Dat Leadership Has No Involvement in Stock Price Manipulation Activities

On March 21, 2025, the State Securities Commission issued Administrative Penalty Decision No. 55/QĐ-XPHC, sanctioning two individuals for stock price manipulation activities occurring between August 15, 2022, and December 9, 2022. Based on the findings of this decision, Phat Dat’s leadership has no connection whatsoever with these activities.

Phat Dat’s business operations continue as planned without disruption.

From now until 2027, Phat Dat is set to launch at least six major projects, including:

• Quy Nhon Iconic (Binh Dinh)
• Thuan An 1 & 2 High-Rise Residential Complex (Binh Duong)
• Q1 Tower Luxury Apartments (Ngo May, Quy Nhon)
• Nhu Nguyet Commercial Service Complex (Da Nang)
• Con Dao Resort Complex (Ba Ria – Vung Tau)
• Serenity Phuoc Hai Luxury Apartments (Ba Ria – Vung Tau)

Some photos of these projects:

Quy Nhon Iconic (Binh Dinh)

Thuan An 1 & 2 High-Rise Residential Complex (Binh Duong)

Q1 Tower Luxury Apartments (Ngo May, Quy Nhon)