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
Week 12-16/05: A Shower of Dividends, with the Highest Yielding Over 60%
The season of annual general meetings brings a flurry of activity for listed companies, as they rush to finalize dividend distributions. This week, from May 12th to 16th, a staggering 45 businesses will be finalizing their cash dividend distributions, with rates reaching as high as 60.67%. This means that for every share owned, investors will receive 6.067 units of currency in dividends.
Attention Bank Shareholders: 3 Banks to Release Cash Dividends in the Coming Fortnight
“Three major banks, TPBank, VPBank, and LPBank, are gearing up to finalise their shareholder lists over the next two weeks, as they prepare to distribute cash dividends. This move underscores their commitment to rewarding shareholders for their continued support and confidence in the banks’ performance. Additionally, VIB Bank is also set to make a cash dividend payment to its shareholders on May 23rd, showcasing its dedication to shareholder value.”