Ho Chi Minh City Development Commercial Bank ( HDBank , stock code: HDB) has just announced a resolution approving the conversion of HD Saison Finance Company's legal form from a limited liability company to a joint-stock company. HD Saison currently has a charter capital of VND 2,350 billion, of which HDBank holds 50%.
HDBank has assigned and authorized the Board of Directors to decide and approve matters regarding the bank's ownership stake in HD Saison after HD Saison successfully converts its legal form into a joint-stock company, through the conversion plan and other related matters.
Billionaire Nguyen Thi Phuong Thao's finance company is about to be equitized and listed on the stock exchange (Photo: VGP).
In the first nine months of 2025, HDBank reported pre-tax profit of VND 14,803 billion, an increase of 17%. Of this, HD Saison achieved a profit of VND 1,100 billion. Other members such as HD Securities achieved a profit of VND 614 billion (an increase of 30%); Vikki Bank became profitable after 7 months of transformation.
Recently, after distributing nearly 181 million bonus shares to shareholders and issuing nearly 965 million shares to pay dividends to 29,637 employees, the charter capital of the bank where Ms. Nguyen Thi Phuong Thao serves as the Standing Vice Chairwoman of the Board of Directors has increased to over 50,000 billion VND.
Source: https://dantri.com.vn/kinh-doanh/hd-saison-cua-ty-phu-nguyen-thi-phuong-thao-co-phan-hoa-tien-toi-niem-yet-20260120083114358.htm
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