AsemconnectVietnam - Having just increased its charter capital to VND15,222 billion through a share offering, VNDirect Securities Corporation (code VND - HOSE) will pay cash dividends in 2023 to shareholders.

On September 11, VNDirect Securities will close the list of shareholders to pay dividends in 2023 at a rate of 5% in cash, equivalent to 1 share receiving an additional VND500 and expected payment on September 25.
With more than 1,522.2 million shares in circulation, it is estimated that VNDirect Securities will pay a total of about VND761.1 billion in this dividend payment.
Notably, previously, regarding the capital mobilization plan, in July 2024, VNDirect Securities offered 243,566,632 shares to existing shareholders, as well as offered shares that existing shareholders did not buy to other individuals at the price of VND10,000/share, raising VND2,435.7 billion.
Of the mobilized amount, VNDirect Securities plans to use 40% of the total mobilized amount, equivalent to about VND 974.28 billion, to supplement capital for securities margin trading lending activities; 20% of the total mobilized amount, about VND487.14 billion for investment activities in valuable papers on the market; VND487.14 billion to underwrite the issuance of warrants; and the remaining VND487.14 billion to supplement capital for the issuance and distribution of secured warrants.
It is known that since 2021, VNDirect Securities has offered shares to existing shareholders twice at a ratio of 1:1. In 2021, 214.5 million shares were offered at VND14,500/share, raising VND3,110.46 billion; in 2022, 434.94 million shares were offered at VND10,000/share, raising VND4,349.4 billion. Notably, before the 3 recent offerings, in 2020, the percentage of shareholders attending the General Meeting was up to 72% of the total number of voting shares. However, since the continuous offering of shares to the outside to increase capital, the rate of shareholders attending only slightly exceeded the minimum requirement when in 2021 it was 51.75%, in 2022 it was 53.91%, in 2023 it was 51.23% and especially, at the first 2024 General Meeting, the rate of shareholders attending was below 50% leading to the General Meeting not being able to be held and the 2nd General Meeting with the rate of shareholders attending was 41.91%, the General Meeting was successfully held.
N.Nga
Source: VITIC/Tinnhanhchungkhoan