AsemconnectVietnam - Southeast Asia Commercial Joint Stock Bank (SeABank, stock code SSB) issues shares to pay dividends and shares to increase share capital from equity (bonus shares) with a total ratio of 20.3 % to increase charter capital from nearly VND20,403 billion to VND24,537 billion.

This plan is part of the capital increase roadmap approved by the 2023 Annual General Meeting of Shareholders (AGM) of SeABank and the State Bank.
Specifically, SeABank issued 295,200,000 shares (equivalent to 14.5%) to pay dividends in 2022 and issued 118,201,732 bonus shares (equivalent to 5.8%).
After completing the above share issuance, SeABank's charter capital will increase by more than VND4,134 billion, from nearly VND20,403 billion to VND24,537 billion.
The increase in charter capital is an important milestone in SeABank's plans and orientations, helping the Bank strengthen its financial capacity to achieve its goals: implementing a digital convergence strategy, and investing heavily in technology, comprehensively digitizing operating processes in credit, payment, customer service activities, diversifying products and services, thereby bringing operational and transaction efficiency, increasing customer experience and better meet the needs of all customers.
Previously, SeABank successfully held the 2023 Annual General Meeting of Shareholders with the approval of many important contents. SeABank is expected to increase its charter capital to a maximum of VND25,903 billion under the plan of issuing shares to pay dividends and bonus shares at a rate of nearly 20.3%, offering private shares to foreign investors with a rate of more than 4.6% and issued shares under the employee option program (ESOP).
N.Nga
Source: VITIC/Tinnhanhchungkhoan