According to the Law, which took effect from July 1 this year, institutional shareholders will need to lower the percentage of shares they hold in a credit institutions from 15 per cent to 10 per cent
As access to credit is not easy or has reached its limit, while bonds have not performed well either, businesses have to shift towards raising capital in the stock market.
The number of share auctions in the Vietnamese stock market has reached its lowest level in the past 16 years, according to recent statistics from the Hà Nội and HCM Stock Exchanges (HNX and HoSE).
ABBANK has completed payment of dividends in shares at a rate of 10 per cent, thus also increasing its charter capital from VND9.4 trillion (US$403.1 million) to over VND10.35 trillion ($444.7 million).
The document said that as the company still needs to its current charter capital, which is the capital after issuing shares to convert bonds, it has not been approved to issue bonus shares.
Viet Nam''s seafood industry enjoyed a significant increase after more than three years of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) taking place.
VPS continues lead the brokerage market with its market share increasing sharply from 17.1 per cent in the second quarter of 2022 to 18.71 per cent in the third quarter, while SSI''s market share reduced from 10.02 per cent to...
Novaland (NVL) has just approved a resolution on mobilising 500 billion bonds, which are backed by NVL shares owned by NovaGroup or other legally owned assets.
Masan Group''s consumer-retail business line has seen strong growth momentum this year, given higher demand amid the ongoing COVID lockdown and consumers shifting to shop through modern trade channels instead of traditional markets.
At the General Meeting of shareholders held yesterday morning, Vietnam Airlines JSC (HVN) has approved a plan of raising VND8 trillion (US$346.2 million) through share issuance.