The Largest Shareholder of SSI Securities Wants to Accumulate an Additional 16 Million Shares

Daiwa Securities Group Inc. is seeking to acquire nearly 16 million SSI shares directly from the issuer in a private placement. This move underscores Daiwa's confidence in the potential of SSI and its commitment to strengthening its presence in the market. With this significant investment, Daiwa positions itself as a key player in SSI's growth story, signaling a promising future for both companies.

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Daiwa Securities Group Inc. has sent a written notification to the State Securities Commission, Ho Chi Minh City Stock Exchange (HoSE), and SSI Securities Corporation (SSI: MKC) regarding a transaction of shares by an insider-related party.

According to the notification, Daiwa Securities Group Inc. plans to purchase nearly 15.9 million SSI shares directly from the issuing organization between August 29 and September 26, 2025. This purchase is in accordance with the attached list in Resolution No. 24/2025/NQ-HĐQT dated August 12, 2025, of SSI’s Board of Directors and approved by the State Securities Commission.

The purpose of this transaction is to increase the ownership ratio of SSI shares. The expected transaction value, based on the selling price of VND 31,300 per share, is nearly VND 498 billion.

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If the purchase is successful as planned, Daiwa Securities Group Inc. will increase its ownership in SSI from nearly 301.3 million shares to 317.2 million shares. The ownership ratio of this Japanese “giant” in SSI remains unchanged at 15.26% after the private placement of shares.

As previously reported, SSI Securities Corporation intends to offer more than 104 million shares in a private placement to professional securities investors, accounting for 5.28% of the company’s total outstanding shares. These shares will be restricted from transfer for one year.

With a selling price of VND 31,300 per share, SSI Securities Corporation expects to raise over VND 3,256.5 billion from this share offering.

The company plans to use 50% of the proceeds to supplement capital for investing in deposit certificates, and the remaining 50% will be used to supplement capital for lending in margin trading activities.

The offering is expected to take place in the third and fourth quarters of 2025, following written approval from the State Securities Commission.

If the share offering is successful, the number of outstanding shares of SSI Securities Corporation will increase from over 1.97 billion shares to nearly 2.08 billion shares.

According to the published list, 18 investors will be offered shares by SSI Securities Corporation. In addition to Daiwa Securities Group Inc. mentioned above, Vietnam Enterprise Investments Limited, a member fund of Dragon Capital, will be offered the most shares with 16.8 million shares.

Mr. Nguyen Duc Thong, CEO of SSI Securities Corporation, will be offered 1 million shares, and Mr. Nguyen Hong Nam, a member of the Board of Directors, will be offered 5 million shares.

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