AsemconnectVietnam - SmartInvest Securities Joint Stock Company (code AAS) has received the Certificate of Public Offering Registration No.115/GCN-UBCK issued by the State Securities Commission on June 7, 2023.

According to the Offering License, SmartInvest Securities is issued with a quantity and offered to the public 120 million shares, of which 40 million shares are issued to pay dividends in 2021 (rate of 50%) and offer additional 80 million shares to the public.
This is the capital increase plan approved at the annual general meeting of shareholders in 2022. After this issuance, the charter capital of SmartInvest will increase to VND2,000 billion. After obtaining a license to register for an offer, the enterprise has a time limit of 3 months to do so.
In 2022, SmartInvest achieved VND1,227 billion in operating revenue and VND319 billion in after-tax profit in the difficult context of the corporate bond market.
With the current charter capital of VND800 billion, according to the 2022 audited financial report, the total assets of SmartInvest Securities is VND2,307 billion, of which more than VND2,103.8 billion are short-term assets, mainly capital sources to trade in valuable papers, trade in bonds and lend to securities trading customers. AAS shares are trading at 14,500 dong/share, lower than the book value of more than 19,418 dong/share.
According to Finntrade's data, since the end of 2020, AAS's book value per share has nearly doubled since the end of 2020, increasing its charter capital by VND800 billion. From 11,179 dong/share before increasing charter capital, it increased to 19,418 dong/share by the end of Q1 2023.
N.Nga
Source: VITIC/Tinnhanhchungkhoan