FPT to Increase Capital by Over 2,200 Billion VND Through Share Issuance

FPT Corporation (stock code: FPT) has announced it will issue shares to increase capital from its equity, with the cutoff date for shareholders set for July 22nd. The rights ratio is 20:3 (existing shareholders owning 20 shares will receive 3 new shares), translating into an issuance of over 222 million new shares with a total value of nearly 2,220 billion VND at par value. The funding will come from undistributed after-tax profits as of December 31, 2024, as reported in the audited financial statements. Once completed, FPT’s charter capital will increase from over 14,813 billion VND to over 17,000 billion VND. This plan was approved by shareholders. The issuance targets existing shareholders listed as of the registration deadline, with shares being freely transferable. In May 2025, FPT successfully completed a previous capital increase from 14,710 billion VND to 14,813 billion VND.