Vingroup Corporation (stock code: VIC) has announced the completion of obtaining shareholder approval for the issuance of nearly 3.9 billion bonus shares (1:1 ratio) from its equity, expected to be implemented in Q4. Vingroup’s shareholders also approved the addition of new business sectors. After the issuance, Vingroup’s charter capital will double to over VND 77 trillion. Currently, Vingroup is the largest company on the stock exchange with a market capitalization of VND 800 trillion. Since the beginning of the year, VIC shares have increased fivefold, with a price of VND 220,500 per share. In the first nine months of this year, Vingroup’s consolidated revenue reached VND 169,611 billion, with a post-tax profit of VND 7,565 billion, fulfilling 76% of this year’s profit target. Total assets by the end of September reached VND 1,087,870 billion, a 30% increase compared to the beginning of the year.
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