AsemconnectVietnam - Becamex Industrial Development Corporation (Becamex IDC, ticker BCM - HOSE) has announced the documents for its 2026 Annual General Meeting of Shareholders, scheduled to be held on June 25th in Ho Chi Minh City.

In 2026, Becamex IDC plans for revenue of VND10,230 billion, a 4.2% increase compared to the same period; after-tax profit is expected to be VND3,883 billion, a 10.2% increase compared to 2025.
Becamex IDC stated that several projects are expected to continue and be accelerated in 2026, including the Cay Truong Industrial Park project; the Bau Bang Industrial Park expansion phase 2; and the Viet Sing and Dinh Hoa social housing projects. Projects include: upgrading and expanding National Highway 13; upgrading the My Phuoc Tan Van road under the PPP model; the Ho Chi Minh City - Thu Dau Mot - Chon Thanh expressway; the Ho Chi Minh City Ring Road 4 project from Thu Bien Bridge to Saigon River; the Binh Duong concentrated digital technology park project with a scale of 15.4 hectares; and the Ho Chi Minh City concentrated digital technology park project with a scale of 100 hectares.
Regarding dividends, Becamex IDC proposed to shareholders a dividend payment for 2025 at a rate of 14% in shares, corresponding to the issuance of approximately 144.9 million additional shares.
Previously, as of May 26, 2026, Becamex IDC had 9,221 shareholders, of which 9,220 were non-major shareholders, holding 4.56% of the charter capital. And the remaining 95.44% of the charter capital belongs to the major shareholder, the People's Committee of Ho Chi Minh City.
It is known that, according to Law No. 56/2024.QH15, public companies with listed shareholders before January 1, 2021, must meet the shareholder structure requirements when at least 10% of voting shares are held by at least 100 investors who are not major shareholders, no later than January 1, 2026.
Therefore, Becamex IDC does not meet the conditions for a public company.
However, according to Becamex IDC, although it has not yet met the shareholder structure ratio according to the law, the company is eligible to maintain its public company status based on the transitional provisions in the Law on Management and Investment of State Capital in Enterprises, effective from August 1, 2025.
Becamex IDC further stated that the company has proactively developed a plan and proposed to the Ho Chi Minh City People's Committee to approve the reduction of the state's ownership stake from 95.44% to 65% of the charter capital for the period 2026-2030, through a public offering of shares to ensure compliance with the shareholder structure requirements of a public company.
N.Nga
Source: VITIC/Dau tu Chung khoan