AsemconnectVietnam - LPBank Securities JSC (LPBS) has just announced the documents for the 2025 Annual General Meeting of Shareholders (AGM), scheduled to take place on April 24 at LPBank's headquarters, 210 Tran Quang Khai and 17 Tong Dan, Trang Tien Ward, Hoan Kiem District, Hanoi.

At this meeting, LPBS's board of directors will present to shareholders a plan to offer 878 million shares to existing shareholders with the goal of increasing charter capital from VND3,888 billion to VND12,668 billion, equivalent to an increase of 225.8% compared to the number of outstanding shares.
The expected offering price is VND10,000/share, thereby helping the Company mobilize about VND8,780 billion. LPBS plans to use the proceeds for specific purposes: investing in valuable papers such as bonds and certificates of deposit (accounting for 60%), supplementing capital for margin lending activities (30%), the remaining 10% will be used for underwriting activities and other purposes.
The timing of the offering will be decided by the Board of Directors after the General Meeting of Shareholders approves and has the approval of the competent State management agency. In the 2024 business performance report and 2025 plan, LPBS General Director Vu Ngoc Anh commented that the market's growth momentum will be reinforced by large-scale public investment programs, the development of transport infrastructure, the trend of stable interest rates, the operation of the KRX trading system, and improved trading infrastructure. She also expects Vietnam to attract foreign investment when it is upgraded to a market status by FTSE Russell and MSCI in the future.
However, she also warned of potential risks, including pressure from global trade conflicts, exchange rate fluctuations, policy changes from major countries, and domestic legal issues. These factors could affect investor sentiment and the overall stability of the market.
Based on the above factors, LPBS's Board of Directors has set an ambitious business plan for 2025, with key financial targets of expected revenue of VND1,015 billion and pre-tax profit of VND503 billion, up 421.62% and 402.87% respectively compared to 2024 results.
Key solutions have also been proposed to realize this goal, including increasing charter capital to expand business operations, improving financial capacity, and enhancing competitiveness with other securities companies.
N.Nga
Source: VITIC/Tinnhanhchungkhoan