Novaland Issues 97.5 Million Bonus Shares and Employee Stock Options, Raising Charter Capital to Nearly 20.5 Trillion VND

Novaland Corporation has announced the issuance of 97.5 million shares, including 48.8 million bonus shares for employees and 48.8 million stock options for employees. This issuance will raise its charter capital to 20.476 trillion VND. Bonus shares have a one-year transfer restriction for regular employees and a three-year restriction for key personnel. The preferred shares will be sold at 10,000 VND per share, nearly 60% below market price. It is estimated that employees will benefit around 844 billion VND from bonus shares and 385 billion VND from stock options. In the first half of 2025, Novaland recorded consolidated revenue of 3.715 trillion VND, a 62.5% increase from last year, driven by key projects. However, the company still reported a net loss of 666 billion VND, although this was significantly lower than the previous year. By the end of Q2 2025, Novaland’s total debt stood at 61.831 trillion VND.