Becamex IDC Delays Public Offering of 300 Million Shares

Becamex IDC (stock code: BCM) has announced it will delay the public offering of 300 million shares due to unfavorable stock market conditions. As a result, the company will determine a more appropriate time for the offering in the future to protect the interests of shareholders and the company. The public auction was originally scheduled for April 28, 2025, with a starting price of 69,600 VND per share, aiming to raise approximately 20.88 trillion VND for project investments and financial restructuring. This delay also affects the plan to increase the charter capital from 10.35 trillion VND to 13.35 trillion VND through the issuance of new shares. Furthermore, Becamex IDC will hold its Annual General Meeting of Shareholders on May 15, 2025, to discuss important topics such as business performance reports and future plans.