Nam Long Investment Corporation (NLG) has announced a plan to sell nearly 100.12 million shares to existing shareholders, with a rights ratio of 100:26 (buy 26 new shares for every 100 old shares). The offering price is 25,000 VND per share and the subscription period is from October 20, 2025, to November 17, 2025. Currently, NLG shares are trading at around 39,500 VND per share, making the offering price 36.7% lower than the market price. It is estimated that Nam Long will raise about 2,503 billion VND, increasing its charter capital to nearly 4,852 billion VND if the sale succeeds. Additionally, Nam Long has announced it will guarantee a loan of 400 billion VND for Nam Long VCD at ACB Bank. In the first half of 2025, Nam Long reported a revenue of 2,064 billion VND and a profit of 207 billion VND, significantly up from last year. For 2025, the company aims for a revenue of 6,794 billion VND and a profit after tax of 701 billion VND.
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