The race among securities companies before the news of the explosion.

(Dan Tri Newspaper) - Besides the excitement surrounding plans to increase charter capital, many companies are also planning IPOs for their flagship projects. This is considered a decisive step to increase financial strength and meet integration requirements.

Amidst the stock market preparing for news of an upgrade, many businesses have proactively announced plans to increase their charter capital through the issuance of shares to raise real money from investors, instead of issuing bonus shares or paying dividends.

Rong Viet Securities has just approved the implementation of a private placement plan for shares in 2025. This plan was approved by the Annual General Meeting of Shareholders in April.

The company will offer 48 million shares, equivalent to 17.56% of the total outstanding shares, at an offering price of VND 18,000 per share. The company expects to raise a maximum of VND 864 billion from the offering.

At this year's shareholders' general meeting, Mr. Nguyen Mien Tuan - Chairman of the Board of Directors of Rong Viet Securities - emphasized that the company still needs to increase capital to improve its financial capacity.

Currently, the stock market still has room for growth, leading to significant pressure from financial and banking corporations participating and increasing capital. Brokerage, lending, and investment advisory services are all highly competitive. Many firms have implemented zero-fee and low-interest rate policies.

Investors monitor developments in the stock market (Photo: Hai Long).

Another notable transaction is LPBank Securities (LPBS). The company recently finalized its shareholder list to issue 878 million shares to existing shareholders at a price of VND 10,000 per share. The company is expected to raise VND 8,780 billion, of which over VND 5,200 billion will be used for securities investments, over VND 2,600 billion for margin lending, and the remainder for underwriting activities.

If the upcoming capital increase is completed, LPBS could join the group of securities companies with large charter capital in the market, such as SSI, TCBS, VNDirect, VPS, VIX, or VPBankS...

SSI Securities, at its extraordinary general meeting on September 25th, will also present a plan to offer 415.6 million shares to existing shareholders. The issuance ratio is 5:1. The offering price is 15,000 VND per share, with an expected fundraising of 6,234 billion VND.

The proceeds are expected to be used to supplement investment and margin lending activities. This is a further capital increase following the company's approval of a private placement of 104 million shares to 18 investors at a price of VND 31,300. This issuance is expected to take place in the third to fourth quarters of 2025 after approval from the regulatory authorities.

If both types of bonds are successfully issued, SSI Securities expects to raise approximately VND 9,500 billion.

Previously, Thien Viet Securities (TVS) had its plan to offer 33 million shares approved by its general shareholders' meeting, increasing its charter capital to VND 2,000 billion. The funds raised will be used to supplement business operations, including investments in bonds, stocks, fund certificates, and certificates of deposit.

The rush to raise capital by securities companies is taking place as the Vietnamese stock market enters its final stages, awaiting the results of its expected upgrade to market status, scheduled for announcement in October.

Besides the excitement surrounding plans to increase charter capital, many parties are also planning IPOs (initial public offerings) for their flagship businesses within the ecosystem. This is seen as a decisive step to strengthen financial power and meet the requirements of market integration.

Mr. Nguyen The Minh - Director of Analysis at Yuanta Securities Vietnam (Photo: Yuanta).

Mr. Nguyen The Minh, Director of Analysis at Yuanta Vietnam Securities Company, stated that raising capital is considered necessary in the context of a rapidly expanding market, with daily liquidity reaching billions of USD. Furthermore, many lenders have reached their margin requirements and need to raise funds to expand their lending to customers.

Alongside this, securities companies are also entering the new field of digital assets. Currently, Vietnam is one of the top countries in the world in owning and trading digital assets (approximately 17 million people, with $1 trillion in transactions in 2024), ranking in the top 5 globally in interest in digital assets and top 3 in using international exchanges.

Mr. Minh stated that this is an extremely attractive "piece of the pie" that no securities company wants to miss. However, the condition for participating in this field is that businesses must have a minimum capital of 10,000 billion VND. Therefore, raising capital on the stock exchange through issuance and IPOs is one of the tools that companies are focusing on at the present time.

Source: https://dantri.com.vn/kinh-doanh/cuoc-chay-dua-cua-cac-cong-ty-chung-khoan-truoc-gio-don-tin-bung-no-20250918080436063.htm