Becamex IDC has faced 8 challenging years on the stock market, with 4 unsuccessful rights issues. After a failed IPO in 2017, the company only sold 7.7% of the expected shares. Despite ambitious plans for 2025 to raise 21 trillion VND by auctioning off 300 million shares, Becamex faces major challenges, including a high state ownership and high share prices, alongside adverse impacts from the global financial environment. In 2025, BCM shares fell sharply to 60,000 VND, leading to a postponement of the auction plan. An alternative fundraising approach also failed due to lack of support from major shareholders. Amidst high debt financing, Becamex still shows positive signals with strong revenue growth from real estate activities, indicating continued potential for development.
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