AsemconnectVietnam - VIX Securities Joint Stock Company (code VIX - HoSE) sets a strong growth plan in 2023 and pays dividends and bonus shares at the rate of 15% in 2022.

VIX Securities announced the document of the 2023 Annual General Meeting of Shareholders, the meeting is expected to be held on April 15 in Hanoi.
In 2023, VIX Securities sets a business plan with a pre-tax profit of VND676 billion, an increase of 79.6% over the same period and an expected profit after tax of VND540 billion, up 73.1% compared to the same period last year.
Regarding business orientation and market assessment in 2023, VIX Securities said that it is forecast that the world situation will continue to be difficult due to the consequences of armed conflicts; the trend of monetary tightening to cope with inflation will be prolonged and complicated…
Factors affecting the VN-Index may be global inflation and the level of profit decline of enterprises in Vietnam. In which, the decline in profits of enterprises will be a major influencing factor to Vietnam's stock market, leading to lower liquidity than before, high margin interest rates, and narrow cash flow into the market.
Therefore, investing in the market will be more difficult for investors; the deployment of business activities will also be limited, negatively affecting the revenue and profit of securities companies.
Regarding dividends, in 2022, the Company submits to shareholders a plan to pay a stock dividend at the rate of 5%.
In addition to paying 5% stock dividend, the Company also presents shareholders to award shares at the rate of 10%, the source of capital is equity. Thus, it is estimated that the Company will issue dividends and bonus shares at the rate of 15%, respectively, shareholders owning 100 shares will receive 15 new shares.
The implementation time of dividend payment and stock bonus is expected in the second quarter of 2023. Thus, if the issuance is successful, the charter capital will increase from VND5,821.4 billion to VND6,694.6 billion.
Another notable content, the Company submitted to shareholders the plan to dismiss the member of the Board of Directors for Ms. Nguyen Thi Tuyet; Ms. Nguyen Thi Hong Hanh from office of BOD member; and dismissed the member of the Supervisory Board for Ms. Ngo Thi Hong Duyen.
On the contrary, the Company also plans to elect 2 additional members of the Board of Directors and 1 member of the Supervisory Board. However, the Company has not announced the new candidate's identity.
N.Nga
Source: VITIC/Tinnhanhchungkhoan