Thien Viet Securities Joint Stock Company (ticker: TVS) has decided to issue stock dividends for 2024 at a rate of 12% (100:12), meaning shareholders holding 100 shares will receive 12 new shares. The source of funding comes from undistributed after-tax profits, with implementation scheduled for Q4 2025.
Previously, TVS finalized the shareholder list for the sale of 33.4 million shares to existing shareholders at a rate of 100:20, with the registration period from October 1-22, 2025. The sale price is 10,000 VND/share, expected to raise nearly 334 billion VND to supplement capital for stock investment.
If the sale is successful, the outstanding shares will increase to 200.39 million, with a charter capital exceeding 2.003 trillion VND. In the first half of 2025, TVS recorded revenue of 411 billion VND, down 40.6% year-on-year, and after-tax profit also fell nearly 25% to 96 billion VND due to unfavorable market conditions.
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