The 9X Chairman's securities company has just been approved to list 204.8 million shares on the HoSE floor.

The Ho Chi Minh City Stock Exchange (HoSE) has just announced its decision to approve the listing of 204.8 million DSC shares of DSC Securities Corporation. DSC shares are trading on UPCoM at VND23,000, up 18% compared to the beginning of the year.

DSC Securities Company, formerly Danang Securities Joint Stock Company, was established in 2006 with charter capital of 22 billion VND.

A few years later, the company had two capital increases, up to 60 billion VND. By early 2018, the company's shares were officially traded on the UpCoM floor, stock code DSC.

In August 2021, DSC Securities increased its capital "rapidly" from VND 60 billion to VND 1,000 billion by privately issuing 94 million DSC shares.

Mr. Nguyen Duc Anh, Chairman of the Board of Directors of DSC Securities Company Source: DSC

DSC stock price fluctuations from the beginning of 2024 to present. Source: Fireant

NTP Investment Joint Stock Company was one of the investors participating in the private share purchase at that time. This unit bought 70 million DSC shares, becoming the parent company - major shareholder. Before this transaction, NTP Investment Company did not own DSC shares.

NTP Investment Joint Stock Company is chaired by Mr. Nguyen Duc Anh (born in 1995). Mr. Duc Anh is also the Chairman of the Board of Directors of DSC Securities Company (since 2021).

Mr. Duc Anh is known as the nephew of Mr. Nguyen Anh Tuan, Chairman of Thanh Cong Group (TC Group). This is a famous enterprise in the automobile industry in Vietnam. In addition, this unit also operates in the fields of services, finance - banking...

Last year, Thanh Cong suddenly shared information that DSC Securities Joint Stock Company had joined the group's ecosystem since the end of 2021.

At DSC Securities, Mr. Duc Anh is holding nearly 73 million DSC shares (35.6% of capital) and NTP Investment Company holds 70 million units (34.17% of capital). Temporarily calculating with the closing price of the session on September 25 at VND23,000/share, the value of the shares of the Chairman of DSC is nearly VND1,700 billion.

Regarding business results, in the first 6 months of 2024, DSC Securities recorded operating revenue of VND 246 billion, up 27% over the same period. After deducting expenses, the company's after-tax profit was nearly VND 79 billion, up 41% over the same period last year.

Source: https://nld.com.vn/chu-tich-9x-cua-cong-ty-chung-khoan-vua-duoc-chap-thuan-niem-yet-tren-hose-la-ai-196240925172108784.htm