SSI increases its charter capital to over VND6.029 trillion, 1,001 times the capital it had at the time of establishment. — Photo courtesy of the company
SSI Securities Corporation has increased its charter capital to over VND6.029 trillion (US$259.3 million), 1,001 times the capital it had at the time of establishment.
The country’s largest securities company issued nearly 83 million shares with a face value of VND10,000 as it paid dividends to shareholders at the rate of 16 per cent.
As of March 31 it had assets of more than VND27 trillion ($1.16 billion).
It paid dividends of 10 per cent in cash last October.
The company said it sees the economic downturn due to the Covid-19 pandemic as an opportunity to evaluate, review and seek new directions and make its business model more efficient. — VNS