2 Thai giants are about to collect nearly 2,000 billion VND in dividends from Binh Minh Plastics and Sabeco

(Dan Tri) - It is estimated that, just counting the dividends received, Thailand's SCG Group has broken even in the acquisition of Binh Minh Plastics. Thaibev is expected to receive more than 1,370 billion VND in dividends from Sabeco.

Binh Minh Plastic Joint Stock Company (stock code: BMP) has just announced the first cash dividend payment in 2025 to shareholders at a rate of 65% (shareholders owning 1 share will receive 6,500 VND). The last registration date to exercise the right is November 18, the expected payment date is December 8.

With more than 81.86 million BMP shares in circulation, it is estimated that Binh Minh Plastics will have to spend more than VND 532 billion for this dividend payment.

As of September 30, shareholder from Thailand, Nawaplastic Industries Co., Ltd - a member of SCG (Siam Cement Group), owns more than 45 million BMP shares and will receive more than VND 292 billion in dividends from the company.

It is known that SCG Group acquired Binh Minh Plastics in 2012 through Nawaplastic Industries. By March 2018, SSG had purchased an additional 24.13 million shares from SCIC, increasing its ownership ratio to 54.39% of capital with a total estimated cost of about VND2,800 billion.

Currently, this investment has not only increased in value 2.7 times compared to the cost price, SCG also receives regular cash dividends every year with a payout ratio of 20% to 126%. Accumulating total dividends from 2012 to present, Nawaplastic has received more than 2,824 billion VND from Binh Minh Plastics - equivalent to the amount spent to buy BMP shares.

Thai "tycoon" is about to collect nearly 2,000 billion in dividends from Binh Minh Plastics and Sabeco (Photo: DT).

Similarly, Saigon Beer - Alcohol - Beverage Corporation (Sabeco, stock code: SAB) has just announced the provisional cash dividend payment for 2025 at a rate of 20%. The dividend will be paid on February 12, 2026.

With over 1.28 billion shares in circulation, Sabeco will spend over VND2,500 billion on this interim dividend payment. Of which, Vietnam Beverage Company Limited (currently owning 53.59% of Sabeco's charter capital) will receive over VND1,375 billion.

In 2017, the Sabeco divestment deal shocked the market. At that time, Thaibev (through its subsidiary Vietnam Beverage) spent up to VND110,000 billion, equivalent to USD4.8 billion, to buy all 343.66 million SAB shares that the Ministry of Industry and Trade put up for auction, thereby taking control of Sabeco.

Each Sabeco share was priced at 320,000 VND by Thai investors, higher than the market price of about 309,000 VND/share - which was among the most expensive in the stock market at that time.

Since falling into the hands of Thai billionaire Charoen Sirivadhanabhakdi, Sabeco has maintained a policy of paying regular cash dividends. The company usually pays out at 35%, but in 2018 and 2022, this rate will increase to 50%.

Source: https://dantri.com.vn/kinh-doanh/2-dai-gia-thai-sap-thu-gan-2000-ty-dong-co-tuc-tu-nhua-binh-minh-sabeco-20251117090743404.htm