Earlier, SSI offered more than 151.1 million shares to existing shareholders at a ratio of 100:10, with an offering price of VND 15,000 per share. The subscription period was from October 7 to November 4, 2024. As a result, SSI distributed nearly 145.6 million shares, accounting for more than 96% of the total offered shares. The corresponding amount raised was nearly VND 2,184 billion.

The remaining over 5.3 million shares will be continued to be distributed by SSI at the same price of VND 15,000 per share, with the deadline for payment being 12:00 pm on November 21. The distribution targets are professional securities investors and key officers who are assessed by the Company as having “made significant contributions to the development of the Company, possessing high management capabilities, and committing long-term dedication to the Company”.

The announced list includes 8 investors, all of whom are leaders of SSI. Among them, Ms. Nguyen Vu Thuy Huong (Senior Block Director in charge of Investment Block and Capital & Financial Business Block) and Ms. Nguyen Ngoc Anh (General Director of SSI Asset Management Company Limited – SSIAM) were allocated the most, with 1 million shares each. Next are Ms. Le Thi Le Hang (Director of Strategy) and Mr. Bui The Tan (Retail Block Director), who were allocated 850,000 shares each, followed by Mr. Mai Hoang Khanh Minh (Director of Institutional Securities Services) with over 835,000 shares.

The remaining three investors allocated shares are Mr. Nguyen Duc Thong (Deputy General Director) with 300,000 shares, Ms. Nguyen Thi Thanh Ha (CFO) with 300,000 shares, and Mr. Thomas Nguyen (Director of Overseas Markets) with 200,000 shares.

SSI’s leaders are further allocated shares

Source: SSI

This issuance aims to raise nearly VND 2,267 billion to supplement capital for investing in deposit certificates and providing loans for margin trading activities.

Recently, SSI also conducted the issuance of 302.2 million bonus shares to increase its charter capital at a ratio of 100:20, which ended on September 24 with more than 301.8 million shares distributed to 73,875 shareholders.

With these two issuances, in case of successful distribution of the remaining over 5.3 million shares, SSI will increase its total shares to over 1.964 billion, of which more than 1.962 billion shares are outstanding.

A few days ago, on November 15, another well-known securities company, ao Securities Joint Stock Company (TCBS), also increased its share capital to over 1.961 billion shares, equivalent to a capital scale of more than VND 19,613 billion, continuing the fierce race in capital increase.

Huy Khai

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