The Ho Chi Minh City Securities Corporation (HSC) has been granted approval by the State Securities Commission to extend the time for the transfer of subscription rights and payment for new shares by shareholders from July 14, 2025, to September 9, 2025. HSC plans to offer 359.98 million shares at a price of 10,000 VND per share, with a subscription ratio of 2:1. The record date for shareholders to exercise their rights is June 25. If successful, HSC expects to raise approximately 3,599.8 billion VND, mainly to supplement capital for margin trading and proprietary trading activities. HSC also plans to increase its charter capital from 7,208 billion VND to 10,808 billion VND. For Q1 2025, HSC reported operating revenue of nearly 1,000 billion VND, with a pre-tax profit of 283 billion VND (down 18% year-on-year). Total assets decreased by 2.8% to 30,462 billion VND, with a significant proportion from loan receivables and investments in bank bonds.
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