After raising 3,256 billion VND, SSI continues to offer to shareholders at a ratio of 5:1

SSI Securities Corporation (code SSI - HOSE) has just announced plans to hold an extraordinary meeting on the afternoon of September 25. The main content of the meeting is the plan to offer shares to existing shareholders.

The decision to submit a plan to increase charter capital through a plan to offer shares to existing shareholders was just made after the board meeting on the morning of August 27, when the private offering was still in the implementation phase. This is a step to help improve the financial capacity and competitiveness of the securities company with the largest capitalization scale currently listed on the stock exchange.

Specifically, according to the proposal sent to shareholders, SSI plans to offer a maximum of 415,581,252 shares to existing shareholders, equivalent to the offering value at par value of more than VND4,155 billion. The offering ratio is 5:1, meaning that shareholders who own 5 shares will have the right to buy 1 new share. The offering price is determined at VND15,000/share.

The number of shares before the offering is calculated based on the assumption that the private offering is 100% successful. SSI has 2,077,906,262 shares before the issuance, including more than 104 million shares offered privately according to the resolutions of the General Meeting of Shareholders from 2023 to 2025. If 100% of the offering is successfully distributed, SSI's charter capital is expected to reach nearly VND 24,935 billion. The expected mobilized capital is more than VND 6,200 billion. In total, with the private offering plan, this securities company can mobilize approximately VND 9,500 billion.

SSI has recorded the active participation of investors in the private placement. Of which, foreign shareholder Daiwa Securities Group Inc. has registered to buy nearly 15.9 million newly issued shares in the form of direct purchase from the issuing organization. The transaction is expected to take place from August 29 to September 26, 2025. At a price of VND31,300/share, Daiwa's total transaction value is estimated at nearly VND498 billion. After completion, Daiwa's ownership will increase from 301.3 million to more than 317.2 million shares, but the ratio will remain at 15.26% due to the corresponding increase in charter capital.

In addition to foreign investors, SSI's board of directors has also registered to participate in the private placement. Mr. Nguyen Hong Nam, SSI's General Director, spent about VND156.6 billion to buy 5 million shares. Meanwhile, Mr. Nguyen Duc Thong, Deputy General Director, registered to buy 1 million shares with a total value of about VND31.3 billion.

SSI plans to offer shares to the public in 2025 and 2026 and supplement working capital for investment and margin lending. Previously, SSI also offered shares to existing shareholders at a ratio of 10:1 in the fourth quarter of 2024, and 2:1 in mid-2022. ESOP shares for employees continue to be issued regularly with the issuance volume in the last 3 years reaching 10 million shares.

The recent successive capital increases through both private placements and offerings to existing shareholders are in preparation for ambitious business goals in the context of the Vietnamese stock market growing in size and liquidity. At the April 2025 general meeting of shareholders, SSI was approved to achieve a revenue plan of VND9,695 billion and a pre-tax profit of VND4,252 billion, up 11% and 20% respectively compared to the results achieved in 2024.

Source: https://baodautu.vn/sau-dot-huy-dong-3256-ty-dong-ssi-tiep-tuc-chao-ban-cho-co-dong-ty-le-51-d373306.html