SSI increases charter capital to $259.3 million with bonus share issue

May 13, 2020 - 08:00

SSI Securities Corporation has increased its charter capital to over VNĐ6.029 trillion (US$259.3 million), 1,001 times the capital it had at the time of establishment.

SSI increases its charter capital to over VNĐ6.029 trillion, 1,001 times the capital it had at the time of establishment. — Photo courtesy of the company

HCM CITY — SSI Securities Corporation has increased its charter capital to over VNĐ6.029 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 VNĐ10,000 as it paid dividends to shareholders at the rate of 16 per cent.

As of March 31 it had assets of more than VNĐ27 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

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