Ho Chi Minh City, September 28, 2021 - The Board of Directors of Ho Chi Minh City Securities Corporation - HSC (HOSE: HCM) has just issued Resolution No. 40/2021/NQHĐQT. Accordingly, on October 12, 2021, HSC will finalize the list of shareholders eligible to exercise their purchase rights according to Certificate of registration for public offering No.186/GCN-UBCK issued by Chairman of the State Securities Commission dated 22 September 2021. Previously, in March 2021, HSC conducted a written consultation with shareholders and was approved.
HSC will issue 152.5 million shares to existing shareholders at the offering price of VND 14,000/share, subscription ratio 2:1.
- Time of bidding for securities: from 20 October to 07 December 2021
- Time of transferring purchase rights: from 20 October 2021 to 03 December 2021.
Thus, the total value of capital mobilized from this offering is more than 2,100 billion VND. The additional capital will be allocated to margin lending, underwriting of share issuance and proprietary investments. Detailed information about the Public Offering Plan here.
Regarding business performance, accumulative 1H2021, HSC achieved a total revenue of VND1,505 billion, 2.2 times higher than the same period last year. HSC’s cumulative profit before tax for 1H2021 reached VND754 billion, strongly increased by 140% same period last year, completed 63% yearly target (approved at AGM in April 2021). After the first 06 months, HSC achieved earning per share (EPS) of VND 1,983. The return on asset (ROA) and return on equity (ROE) ratios were 4,3% and 13.1% respectively.