VDS plans to issue shares, increasing charter capital to 3,200 billion VND

Rong Viet Company will issue up to 77 million shares to increase its charter capital to VND3,200 billion in 2025. Specifically, in the first phase, the company will issue 24.3 million shares to pay dividends in 2024 and 4.7 million ESOP shares (ratio 1.93%) at a price of VND10,000/share. In the second phase, the company plans to privately offer up to 48 million shares to strategic investors or professional securities investors.

The private placement of shares will help Rong Viet be more proactive and flexible in using financial resources, reduce pressure on mobilizing loans, increase its competitive position in the market and better take advantage of investment opportunities. The capital raised will supplement working capital for margin trading, advances, proprietary trading, underwriting and participation in bond market activities.

VDS plans to issue shares, increasing charter capital to 3,200 billion VND

PHOTO: TX

In addition to the plan to increase charter capital, the company also proposed to allocate 1% of its after-tax profit (equivalent to nearly VND 2.9 billion) to the Charity Fund and 2% of its after-tax profit (equivalent to more than VND 5.7 billion) to the Reward and Welfare Fund.

In 2025, facing new opportunities when the Vietnamese stock market is upgraded to the group of emerging markets, the country enters an era of strong growth and development, Rong Viet Company believes that the VN-Index will fluctuate in the range of 1,220 - 1,486 points with an average liquidity of 22,000 - 24,000 billion VND/session. Accordingly, Rong Viet builds a business plan for 2025 (consolidated) with total revenue of 1,106 billion VND and expenses of 738 billion VND, respectively increasing by 6.2% and 7.6% compared to 2024. Pre-tax and after-tax profits are planned at 368 billion VND and 294 billion VND, respectively, slightly increasing compared to the previous year. Business activities continue to focus on five main pillars: brokerage, lending, investment banking, investment and asset management (through its subsidiary, Rong Viet Fund Management Joint Stock Company).

Source: https://thanhnien.vn/vds-du-kien-phat-hanh-co-phieu-tang-von-dieu-le-len-3200-ti-dong-185250403155642988.htm