SSI closes the right to pay 10% cash dividend, ratio 5:1

VHO - On September 26, SSI Securities Corporation (stock code: SSI) will close the list of shareholders to pay 2024 cash dividends at a rate of 10%, equivalent to shareholders owning 1 share will receive 1,000 VND.

SSI has also just announced that it will hold an extraordinary shareholders' meeting on September 25. Illustrative photo

Thus, with more than 2.07 billion shares in circulation, SSI plans to spend more than VND2.07 billion to pay dividends to existing shareholders. The ex-dividend date is September 25, the expected dividend payment date is October 15.

Regarding capital structure, Daiwa Securities Group Inc. - currently led by Mr. Kosuke Mizuno - Member of SSI Board of Directors as Senior Executive Director is the largest shareholder of SSI, owning more than 317.15 million SSI shares, accounting for 15.28%, and will receive more than 317.15 billion VND from the dividends SSI is about to distribute.

In addition, NDH Investment Company Limited, whose Chairman Mr. Nguyen Duy Hung, also holds the position of Chairman at this company, owns more than 164.26 million SSI shares, accounting for 7.91%, and will receive VND 164.26 billion from SSI dividends. Mr. Hung owns 16.28 million SSI shares, and is expected to receive VND 16.18 billion from SSI dividends.

Recently, SSI also announced that it will hold an extraordinary General Meeting of Shareholders on September 25, at Thong Nhat Hall, 135 Nam Ky Khoi Nghia, Ben Thanh Ward, Ho Chi Minh City.

The main content of the meeting is to get opinions to approve the plan to offer a maximum of 415.58 million shares to existing shareholders. The exercise ratio is 5:1, meaning that shareholders owning 5 shares will be able to buy 01 new share. The shares offered will not be subject to transfer restrictions. Shareholders owning shares with transfer restrictions will still receive the right to buy shares. Expected implementation time is 2025-2026.

The expected offering price is 15,000 VND/share. If the above shares are successfully offered, SSI expects to collect a maximum of 6,234 billion VND to supplement capital for investment activities and margin lending. At the same time, SSI will increase its charter capital from 20,778 billion VND to 24,935 billion VND.

Regarding business situation, accumulated in the first 6 months of the year, SSI's operating revenue reached 5,152 billion VND, up 20% over the same period last year; profit after tax reached 1,812 billion VND, up 12%.

Source: https://baovanhoa.vn/kinh-te/ssi-chot-quyen-chia-co-tuc-10-bang-tien-mat-ti-le-51-168877.html