Becamex Group spends over 1.253 trillion VND to purchase more than 125 million shares of Becamex IJC

Becamex Group recently announced the successful purchase of over 125.3 million shares of Becamex Infrastructure Development Joint Stock Company (Becamex IJC), priced at 10,000 VND per share, with a total spending of approximately 1.253 trillion VND. As a result, Becamex Group’s ownership in Becamex IJC increased from nearly 188 million to nearly 313.3 million shares, equivalent to 49.76% of the capital. Additionally, Becamex Group also revealed plans to issue a maximum of 20,000 bonds, each with a par value of 100 million VND, aiming to raise 2 trillion VND. This bond issuance is intended to restructure debts and fund the company’s investment projects in 2025. The bonds will be non-convertible and secured by assets, with terms ranging from 3-5 years, expected to be issued from October to December 2025.