Becamex IDC, a major industrial investment company in Vietnam, is set to collect shareholder opinions on June 19 regarding a proposed plan to issue additional shares for capital increase. The company plans to auction 300 million shares at an initial price of 69,600 VND per share on April 28, potentially raising at least 20.880 trillion VND for investments and debt repayment. However, the public offering has been postponed due to market difficulties in the real estate sector. In Q1 2025, Becamex IDC reported revenues of 1.843 trillion VND, with a net profit of over 358 billion VND, three times compared to the same period last year. The company aims for a total revenue of 9.500 trillion VND in 2025 and proposes an 11% dividend payout for 2024.
Leave a Reply