Mistakenly, wood tycoon changes stock sale ratio from 5% to 20% for existing shareholders

CTCP Phu Tai (stock code: PTB) has adjusted its stock sale ratio for existing shareholders from 5% (previously 20:1) to 20% (newly 5:1), with an issuance price of 12,000 VND/share. This adjustment was due to a misunderstanding in the previous explanation process. The company plans to issue nearly 13.39 million shares to raise about 160.65 billion VND, with 116.15 billion VND to be added to Phu Tai Wood Co., Ltd. Following the issuance, Phu Tai’s charter capital will increase to 803.26 billion VND. In terms of financial results, consolidated revenue for Q2 2025 was over 1,941 billion VND, up 18.6%, and after-tax profit was nearly 133 billion VND, increasing by 17.1% due to increased output and reduced financial costs. PTB stock closed at 52,700 VND/share on August 21.