Vietnam Exhibition Fair Center JSC (VEFAC, stock code: VEF, UPCoM) has announced its second written shareholder consultation, focusing on two critical matters.
Firstly, VEFAC proposes an interim cash dividend of up to 330%, equivalent to VND 33,000 per share. The payout will be sourced from the accumulated profit of over VND 10,350 billion as of June 30, 2025, audited by Ernst & Young Vietnam LLC.
With over 166.6 million outstanding shares, VEFAC plans to allocate nearly VND 5,500 billion for this interim dividend, representing more than 53% of the accumulated profit. Payment is scheduled within six months of shareholder approval.
National Exhibition Center in Dong Anh District, Hanoi
Previously, in July 2025, VEFAC completed two cash dividend payments totaling 435%, including a 135% dividend for 2024 and a 300% interim dividend for Q1/2025. This equates to VND 43,500 per share, totaling VND 7,200 billion.
Currently, Vingroup JSC (stock code: VIC) holds 83.32% of VEFAC’s capital, with the Ministry of Culture, Sports, and Tourism owning 10%.
VEFAC also seeks shareholder approval to elect Mr. Do Quang Minh (born 1991) as a new board member for the 2025-2030 term. Mr. Minh was recently appointed Deputy General Director of VEFAC on September 12, 2025.
Additionally, VEFAC proposes expanding its business scope to include passenger transport, services, retail, and personal care sectors.
In the first half of 2025, VEFAC reported revenue of VND 44,565 billion, a significant increase from VND 516 million in the same period last year. Net profit after tax surged 85-fold to VND 15,250 billion.
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According to the proposal presented to shareholders, the company plans to allocate nearly 5.5 trillion VND for this dividend payout.
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After distributing over VND 7.2 trillion in dividends at a rate of 435% in July, Vietnam Exhibition Fair Center Corporation (VEFAC, UPCoM: VEF) is now proposing an interim dividend payout of 330%, equivalent to nearly VND 5.5 trillion. As the majority shareholder with over 83% ownership, Vingroup stands to be the primary beneficiary.
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The indoor exhibition hall is designed in the image of Kim Quy, one of the four sacred mythical creatures in Eastern culture.
