Thursday, June 4 2020

VietNamNews

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

Update: May, 13/2020 - 08:00

 

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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