DNSE Securities Corporation (code: DSE) is set to issue 85.65 million shares to current shareholders at a 4:1 ratio (holding 4 shares gets 1 new share) at a price of 15,000 VND per share, which is half of the current market price of 29,200 VND. The offering is expected to take place from Q4 2025 to Q1 2026, aiming to raise approximately 1,275 billion VND. 86% of the capital will be used to supplement margin trading activities, while 14% will support proprietary trading operations. DNSE has also completed the allocation of 2.7 million ESOP shares to employees and plans to issue another 12.6 million ESOP shares in 2025. Additionally, DNSE is offering 10 million non-convertible bonds to raise 1,000 billion VND with a fixed interest rate of 8.3% over 24 months.
Leave a Reply