Margin Loan Capital Injection, APG Aims to Raise 3.2 Trillion VND

APG Securities plans to privately place 100 million shares for professional investors at a minimum price of 12,000 VND/share, aiming to raise 1.2 trillion VND. The book value per APG share is 10,743 VND as of December 31, 2024. The capital raised will be allocated 70% for margin lending, 180 billion VND for investment in securities, and 180 billion VND for proprietary trading. Currently, APG’s charter capital stands at over 2.236 trillion VND; successful issuance will increase it to 3.236 trillion VND. The shareholders’ meeting also approved the issuance of up to 2 trillion VND in bonds at a maximum interest rate of 9% over 1-3 years to support business activities. APG will also fill two vacancies on the board of directors due to resignations.

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