Taseco Land seeks shareholders’ opinions on the plan to sell over 48 million shares privately

Taseco Land Joint Stock Company (Ticker: TAL) has announced a document to seek shareholders’ opinions to approve the plan to sell 48.15 million privately placed shares at a price of 31,000 VND/share. The company expects to raise nearly 1,492.7 billion VND to enhance financial capacity and restructure debt. The number of investors participating in the sale is projected to be no more than 20, with the sale planned for Q3-Q4/2025. If approved, the company’s charter capital will increase from 3,118.5 billion VND to 3,600 billion VND. Previously, TAL had its first trading session on HoSE on August 1, 2025. Regarding business performance, in Q2/2025, Taseco Land’s net revenue reached 557 billion VND, down 11.5%, but the after-tax profit was 37.6 billion VND, 5.4 times higher than the same period last year. Taseco Land aims for consolidated revenue of 4,332 billion VND for 2025.