The Annual General Meeting (AGM) of DSC has approved a proposal detailing the allocation of ESOP shares to the Company’s Executive Board through a written voting process. Mr. Bạch Quốc Vinh, CEO and Board Member, is set to receive 1.5 million shares.
As a directly involved party in the proposal, Mr. Bạch Quốc Vinh did not participate in the voting process.
 Mr. Bạch Quốc Vinh allocated 1.5 million ESOP shares – Source: DSC
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The Board’s proposal outlines the rationale for allocating these shares to the Executive Board, primarily recognizing their contributions to the Company’s recent achievements.
Notable accomplishments include listing DSC shares on the Ho Chi Minh City Stock Exchange (HOSE), developing and operating the E-Brooking digital advisory platform, and successfully increasing capital from 1 trillion VND to over 2.048 trillion VND. In terms of business performance, the Company exceeded its 2023 and 2024 revenue targets by 56% and 19%, respectively.
According to VietstockFinance, Mr. Bạch Quốc Vinh, born in 1975, has served as DSC‘s CEO since February 2022 and as a Board Member since April 2022. Previously, he held positions as CEO of HVS Vietnam Securities (2021-2022), Regional Director for Northern Vietnam at Ho Chi Minh City Securities Corporation (2007-2021), and Sales Director at Coca Cola Ngoc Hoi (1997-2000).
Shareholder Rights Offering and Dividend Payment Announced
On September 19th, the DSC Board of Directors approved a resolution to finalize the shareholder list for a rights offering and stock dividend payment. The record date is October 6th, with the ex-rights date set for October 3rd.
DSC shareholders can transfer their rights during October 13-28 and subscribe/pay for shares from October 13 to November 5.
As part of its 2025 capital increase plan, DSC will offer over 35.3 million shares to existing shareholders (100:17.25 ratio) at 10,000 VND per share, issue over 34.8 million shares as dividends (100:17 ratio), and allocate 5 million shares under the Employee Stock Ownership Plan (ESOP), totaling nearly 75.2 million shares. This will raise the Company’s charter capital from over 2.048 trillion VND to 2.8 trillion VND.
The 353 billion VND raised from the offering will be allocated as follows: over 203 billion VND for proprietary trading in securities, government bonds, deposit certificates, and other financial instruments; 150 billion VND for margin lending; and 50 billion VND from the ESOP issuance will supplement margin lending capital.
According to the implementation plan, DSC will finalize the shareholder list for both the rights offering and stock dividend simultaneously, followed by the ESOP allocation.
In the first half of 2025, DSC reported net revenue of over 258 billion VND, a 5% increase year-on-year. Lending activities contributed the most to revenue with over 112 billion VND, up 19%, followed by proprietary trading at over 80 billion VND, a 10% increase.
Operating expenses decreased by 46% due to reduced brokerage fees and lower losses on financial assets measured at fair value through profit or loss (FVTPL), significantly improving profit margins. As a result, the Company’s net profit reached over 98 billion VND, a 25% increase year-on-year.
| DSC‘s Semi-Annual Business Results Over the Years |
– 13:13 22/09/2025
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