The exercise ratio is 10:3 (equivalent to shareholders owning 10 shares having the right to buy 3 new shares). The last registration date is August 21, corresponding to the ex-rights trading date of August 20. The time to register and receive money to buy shares is from August 27 to September 15.
The offered shares are not subject to transfer restrictions, except for fractional shares or undistributed shares. If sold to outside investors, the shares will be subject to transfer restrictions within 1 year.
The purchase right can only be transferred once. The expected implementation time is in 2025, after the State Securities Commission issues a certificate of registration for public offering of securities.
The total amount expected to be collected from the offering of more than 2,000 billion VND will be used by TCH to prioritize investment in the Hoang Huy Green River project of 1,200 billion VND; the remaining nearly 805 billion VND for the Hoang Huy Commerce project - Building H2. These are 2 projects in Hai Phong City of TCH.
In detail, the Hoang Huy Green River project has a total investment capital of more than 4,050 billion VND, a scale of 32.5 hectares, including 780 townhouses, 447 social housing apartments and many urban utilities. The project has basically completed the infrastructure and is constructing phase 1 with 282 apartments constructed to the 3rd floor. Revenue is expected to start recording from the end of 2025.
Meanwhile, the Hoang Huy Commerce project - Building H2 is a 36-storey apartment building, with an area of nearly 1 hectare and an investment capital of 2,200 billion VND. The project is currently under construction on the first floor and is expected to open for sale in the next 1 to 2 months. It is estimated that the project will be completed within 20 months and revenue will be recorded from next year.
In 2025, TCH set the most ambitious business target ever with revenue reaching VND5,000 billion and after-tax profit reaching VND1,700 billion.
Source: https://baovanhoa.vn/kinh-te/tai-chinh-hoang-huy-tic-chao-ban-hon-200-trieu-co-phieu-de-huy-dong-von-159844.html
![[Photo] Binh Trieu 1 Bridge has been completed, raised by 1.1m, and will open to traffic at the end of November.](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/10/2/a6549e2a3b5848a1ba76a1ded6141fae)
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