VIX Securities Joint Stock Company (ticker VIX) has approved a resolution from its Board of Directors regarding a plan to issue nearly 919 million shares to existing shareholders at a ratio of 10:6, at a price of 12,000 VND per share, expecting to raise over 11 trillion VND. This capital will be used for proprietary trading, margin lending, and contributions to VIXEX (VIX Digital Asset Exchange). If successful, VIX’s charter capital will increase to 24.5 trillion VND. The company is also expanding into digital assets, seeing the government’s pilot trading resolution as a new growth opportunity. During the extraordinary General Meeting on November 28, VIX adjusted its pre-tax profit target for 2025 to 6.5 trillion VND, over four times the previously approved estimate. Additionally, Mr. Truong Ngoc Lân resigned from the Board to focus on his role as General Director, and Mr. Phan Duc Linh was elected to the Board. VIX’s stock is currently trading at 24,450 VND/share.
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