In a recent announcement on September 09, BSR proposed a name change to the Vietnam Oil & Gas Corporation. This new name is more encompassing and broader in scope than the previous one. The consultation with shareholders regarding this matter will take place from September 09 to 30.
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BSR’s Name Change Proposal
Source: BSR
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BSR also seeks shareholder approval for a share issuance to increase its charter capital, ensuring sufficient equity for the expansion project of the Dung Quat Oil Refinery.
The company plans to issue over 1.9 billion shares as dividends and to increase capital from equity sources. As a result, BSR’s charter capital will increase from VND 31 trillion to over VND 50 trillion.
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BSR’s Capital Increase Plan
Source: BSR
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Thừa Vân
– 6:20 PM, September 10, 2025
BSR Gears Up for a Massive Capital Increase: 1.9 Billion New Shares to Boost Charter Capital to Over VND 50,000 Billion, Offering a Glimpse into PVN’s Divestment Plans.
Supplementary funding has been secured for the expansion and upgrade of the Dung Quat Oil Refinery.
“VPS Securities Plans to Issue 710 Million Bonus Shares to Boost Chartered Capital”
At the upcoming Extraordinary General Meeting, VPS Securities will propose to its shareholders a plan to issue 710 million bonus shares, thereby increasing its charter capital to VND 12,800 billion.
Technical Analysis for 08/09: Testing the Short-Term Trendline
The VN-Index continued its downward trajectory, inching closer to the short-term trendline support, which coincides with the 1,615-1,625 range. Meanwhile, the HNX-Index dipped below the middle band of the Bollinger Bands indicator, signaling potential further volatility in the market.
Why Are Securities Companies Rushing to Increase Their Charter Capital?
The race to raise charter capital is on, with numerous securities companies planning to issue shares to boost their capital. But why this rush to raise funds? What are the driving forces behind this strategic move?
Spring Goodwill Securities to Inject Over VND 2,700 Billion into Margin and Proprietary Trading
The XTSC Board of Directors has approved a resolution to utilize proceeds from a recent rights issue, amounting to VND 1,350 billion. Together with plans for a private placement to raise an additional VND 1,515 billion, XTSC is set to invest over VND 2,700 billion into margin and proprietary trading activities.
