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Brokerage SSI to hike capital by 52 pct

Nov 18th at 15:56
18-11-2021 15:56:04+07:00

Brokerage SSI to hike capital by 52 pct

Leading brokerage SSI Securities Corporation is set to issue rights to shareholders to increase its charter capital by 52 percent to VND15 trillion ($662.58 million).

A woman registers for a stock account at brokerage SSI Securities Corporation in Ho Chi Minh City, January 13, 2020. Photo by VnExpress/Quynh Tran

SSI will allow shareholders who own two shares to buy one more at the price of VND15,000 a pop.

It plans to issue 497.4 million new shares.

The SSI ticker is being traded on the Ho Chi Minh Stock Exchange (HoSE) at around VND48,450.

The company issued 218.3 million new shares in September to increase its capital to nearly VND9.85 trillion.

The issuance, if successful, would see SSI continue as the biggest brokerage in Vietnam in terms of charter capital.

Vnexpress

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