Vinexad Advertising and Trade Fair JSC, ticker symbol VNX, has just approved a plan to implement a stock dividend at a ratio of 10:7, equivalent to 70%. Shareholders holding 1 share will receive 1 right, and 10 rights will entitle them to 7 new shares. The company plans to issue over 1.3 million shares, totaling 13.3 billion VND, aiming to increase its charter capital from nearly 19 billion VND to about 32.3 billion VND, to be executed in Q3-Q4 2025. This plan was approved by the 2025 Annual General Meeting of Shareholders. Vinexad has also approved a dividend plan for 2024 and 2025 at rates of 120% and 60%, respectively. The company has seen steady revenue and profit growth over the last four years, projecting revenues of 250 billion VND and after-tax profits of 37.6 billion VND for 2025, down 6% and 10% from 2024. Established in 1975, Vinexad mainly operates in advertising and organizing fairs. The Vietnam Expo, the largest trade fair in Vietnam, is scheduled to take place from April 1-4, 2026.
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