The annual meeting is expected to take place on the morning of 06/03/2025 at the Le Méridien building, 3C Ton Duc Thang, Ben Nghe Ward, District 1, Ho Chi Minh City.

According to the published meeting materials, the MAS Board of Directors plans to propose to the shareholders a plan to pay cash dividends for 2023 to common shareholders at a rate of 9.5316% (VND 953.16/share).

As of March 31, 2025, MAS had over 659 million shares outstanding, including 113.5 million preferred shares and over 545.5 million common shares, according to the Q1/2025 financial statements. This means that for the upcoming dividend payment to common shareholders, the company is estimated to spend approximately VND 520 billion.

It is important to note that these dividends will go to a group of related shareholders, including the parent company, Mirae Asset Securities (HK) Limited, which holds 99.8% of the shares, Mirae Asset Global Investment (HK) Limited with 0.1%, and PT Mirae Asset Sekuritas Indonesia with 0.1%.

Previously, on April 1, 2025, the MAS Board of Directors issued a resolution to implement a fixed dividend plan for 2023 and 2024 for existing preferred shareholders at a rate of 7% (VND 700/share). This dividend was paid on April 17, 2025, and the sole beneficiary was the parent company, Mirae Asset Securities (HK) Limited.

Source: Q1/2025 Financial Statements of Mirae Asset

Returning to the upcoming extraordinary general meeting, in addition to the dividend plan, MAS shareholders will also approve other matters within the competence of the general meeting of shareholders (if any).

On April 18, 2025, the MAS Board of Directors had issued a resolution on the plan to organize the extraordinary general meeting. At that time, the agenda for the meeting also included the deployment of covered warrant services (CW).

Source: Mirae Asset, compiled by the author

Huy Khai

– 16:36 12/05/2025

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