Capital Securities Corporation (CASC) Announces Rebranding and Leadership Changes
Capital Securities Corporation (formerly known as Thu Do Securities Corporation) recently held an extraordinary shareholders’ meeting in 2025, approving a significant rebranding initiative.
The company will now operate under the new name, Capital Securities Corporation, abbreviated as CASC.
During the meeting, a new Board of Directors and Supervisory Board were elected for the 2024-2029 term. Mr. Nguyen Hai Minh will serve as the Chairman of the Board, alongside members Mr. Nguyen Thanh Son and Mr. Nguyen Thanh Tung. The previous board members, Ms. Dang Thi Lan Phuong, Mr. Phi Van Thinh, and Ms. Tran Thanh Huong, were relieved of their duties.
The new Supervisory Board includes Mr. Nguyen Van Khoi as the Head, along with members Mr. Nguyen Bao Khanh and Ms. Nguyen Thi Phuong Thanh. The former board members, Mr. Pham Anh Tuan, Mr. Le Trong Quyen, and Mr. Nguyen Van Bao, were also relieved of their positions.
Both the Board of Directors and Supervisory Board will take office effective November 7, 2025.
Khang Chi Investment Becomes Major Shareholder
Additionally, the company disclosed a share transfer transaction, resulting in Khang Chi Investment Corporation becoming a major shareholder with over 10% of CASC’s charter capital. Khang Chi now holds 14,882,419 shares, representing 49.608% of CASC’s charter capital. The transaction was finalized on November 7, 2025.
Established in 2006, CASC reported a 9-month operating revenue of VND 23 billion in 2025, a 31% decrease compared to the same period last year. Net profit for the 9 months reached nearly VND 5 billion, a 257% increase. However, Q3 profit declined by nearly 70% year-over-year. The company attributed the revenue decline to reduced fees for securities custody services, which significantly impacted net profit.
CASC’s Financial Performance Overview
