APG Securities opens new headquarters, plans to increase capital strongly
Thursday, June 12,2025
AsemconnectVietnam - APG's new headquarters is located in the dynamic financial center of Ho Chi Minh City, bringing great advantages in improving service quality, expanding cooperation with financial partners and strategic investors.
APG Securities Joint Stock Company officially opened its new headquarters at OSC Building, No. 161 Vo Van Tan, District 3, Ho Chi Minh City, marking an important step in the company's comprehensive restructuring strategy since 2024.
Mr. Huynh Minh Tuan, Vice Chairman of APG's Board of Directors, shared that the opening of the new headquarters is not only a geographical step but also an important strategy to strengthen the position of the APG brand in Ho Chi Minh City. With modern infrastructure, the new headquarters will be a solid foundation for sustainable development and promote comprehensive digital transformation in the coming period.
The event was attended by Mr. Ong Tee Chun, representative of Pando 1 Investment PTE.LTD (Pando 1) and a member of the Board of Directors of APG. Pando 1 currently owns 5.25% of shares and has registered to buy an additional 40 million APG shares (from May 20 to June 18, 2025). If the transaction is completed, Pando 1 will increase its ownership ratio to 23.14%, demonstrating strong belief in APG's vision and potential. Mr. Ong Tee Chun shared: Pando highly appreciates the potential of the Vietnamese stock market, especially the strong growth of individual investors and the commitment of the management agency to upgrade the market. We have full confidence in APG's management capacity and strategic vision, and are committed to accompanying the company on its long-term development journey."
APG has begun a comprehensive restructuring process in 2024 and initially brought positive results with Q1/2025 profit growing by nearly 41% over the same period last year.
In addition, APG is also vigorously implementing key strategies approved by the 2025 Annual General Meeting of Shareholders, including a plan to mobilize VND3,200 billion through the issuance of individual shares and bonds to strengthen its financial foundation.
According to Mr. Tuan, the Company's goal in the coming period is to continue to increase capital resources to increase its capacity to serve investors' needs, aiming to become a leading, professional asset management company. For the next 3 years, APG expects to reach a capital scale of VND10,000 billion.
In addition In addition, APG also focuses on expanding services with high growth potential, especially margin trading services and digital financial solutions. Increase investment in technology, modernize core systems and improve risk management capacity.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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