AsemconnectVietnam - Phu Tai Joint Stock Company (PTB - HOSE) has approved a plan to contribute additional capital to increase the charter capital of two subsidiaries: Phu Tai Binh Dinh Wood Co., Ltd. and Phuc Tan Kieu Co., Ltd.

Phu Tai will contribute an additional VND120 billion to Phu Tai Binh Dinh Wood Co., Ltd., raising its charter capital from VND146 billion to VND266 billion, expected to be completed before March 31, 2026.
Similarly, Phu Tai will also contribute an additional VND45.5 billion to Phuc Tan Kieu Co., Ltd., raising its charter capital from VND4.5 billion to VND50 billion, also expected to be completed before March 31, 2026.
Another point worth noting is that, prior to the end of the existing shareholder share subscription period from December 22, 2025 to January 30, 2026, Phu Tai had distributed 13,264,836 shares out of a total registered offering of 13,387,681 shares, leaving 122,845 shares remaining.
Phu Tai then offered these 122,845 shares at a price of VND15,000 per share to 7 company leaders, with the transaction taking place from February 23 to February 26. These shares are subject to a one-year transfer restriction from the date of issuance.
Previously, on December 12, 2025, Phu Tai finalized the list of shareholders for the share offering to existing shareholders. The registration and payment period was expected to be from December 22, 2025 to January 12, 2026.
Subsequently, the company extended the registration and payment period from December 22, 2025 to January 30, 2026 to allow shareholders more time to exercise their rights as stipulated.
It is known that, according to the initial issuance plan, Phu Tai would offer shares to existing shareholders at a ratio of 20%, meaning that shareholders owning 5 shares would be entitled to purchase 1 additional new share at a price of VND12,000 per share.
With over 66.9 million shares outstanding, Phu Tai plans to issue a maximum of 13.39 million shares to raise VND160.65 billion. Of this amount, the funds will be disbursed in 2026. The company plans to use VND116.15 billion to increase capital contribution to Phu Tai Binh Dinh Wood Co., Ltd., and the remaining VND 44.5 billion to increase capital contribution to Phuc Tan Kieu Co., Ltd.
Thus, after the capital increase, the charter capital will rise from VND669 billion to VND803.26 billion.
N.Nga
Source: VITIC/Tinnhanhchungkhoan