F88 finalizes bonus share issuance and capital increase.

This move is part of a plan to increase capital, standardize the financial structure, and prepare for the planned listing transfer to the Ho Chi Minh City Stock Exchange (HOSE) this year.

According to the approved issuance plan, F88 plans to issue more than 110 million bonus shares to existing shareholders from equity capital. The capital structure for this capital increase includes share premium (over VND 624 billion) and undistributed after-tax profit (over VND 477 billion).

Upon completion, the chartered capital of this financial institution will double, from VND 1,101 billion to VND 2,202 billion.

Essentially, the issuance of bonus shares does not change the total equity capital, but helps the company increase its charter capital, improve financial safety indicators, and create room for business expansion plans. According to information from the Q1/2026 investor meeting, the entire stock split process will be completed in June 2026, and these newly issued shares are expected to have their first trading day on the market in August 2026, before transferring to the HOSE exchange, which is expected in Q4/2026.

Regarding this capital increase plan, a representative from F88's leadership stated: “Converting surplus and retained earnings into charter capital is a proactive step to solidify our operating capital foundation and optimize shareholder benefits. This is not only a commitment to financial transparency as a public company, but also an important stepping stone for us to enhance our financial capacity, prepare for our public offering, and officially list our shares on the Ho Chi Minh City Stock Exchange (HOSE) according to the planned schedule.”

This is part of F88's overall capital increase plan for 2026. Besides issuing bonus shares at a 1:1 ratio, the company plans to offer 22 million shares to the public and issue over 4.4 million shares under the ESOP program. If all plans are completed, F88's charter capital could be raised to nearly VND 2,500 billion.

With these capital increase plans, F88 aims to increase its capital buffer, supplement capital sources, and reinvest to expand its business operations. Along with the support from prepared capital resources, F88 has also set out an ambitious business growth plan for 2026.

Alongside its capital increase plan, F88 aims for pre-tax profit growth of VND 1,133 billion in 2026, representing a 25% increase compared to the previous year. However, the Q1 2026 business results showed pre-tax profit of VND 303 billion, 2.3 times higher than the same period last year, providing a foundation for F88's leadership to confidently raise their full-year growth expectations to approximately 35%.

In its long-term strategy, F88 stated that it will continue to shift from a traditional lending model to a multi-service financial platform, focusing on the affordable customer segment. The company will also accelerate investment in technology, enhance its assessment and risk control capabilities, and expand its distribution network, both offline and online, to optimize costs and increase customer reach.

Regarding the listing plan, F88's management stated that the company is accelerating preparations for a public offering and listing on the HOSE in the second half of 2026. The listing is expected to help the company enhance transparency, standardize governance, and expand access to medium and long-term capital in the market.