Hanoi Stock Exchange (HNX) recently announced that they had approved the listing of more than 175 million SHB shares. The additional transaction registration date is June 16.

In the mean time, the State Bank of Vietnam has also approved in writing the change of SHB’s charter capital to more than VND 19,260 billion. This is an important milestone for SHB to continuously affirm its position and reputation to domestic and foreign investors, as well as to international rating agencies.

Currently, SHB has completed the application to increase charter capital as approved by General Meeting of Shareholders to SBV, in which the rate of dividend payout in 2020 to existing shareholders is 10.5% in shares and offering shares to existing shareholders in the form of call option with the ratio of 100:28. Planned offer price is VND 12,500/share to raise charter capital to more than VND 26,674 billion in 2021.

Regarding the plan to switch to HOSE, right before the Annual General Meeting of Shareholders in April, 2021, SHB has received the official letter from HOSE informing that SHB’s profile is qualified to be listed in accordance with Stock Listing Regulation of HOSE. The official trading of SHB share at HOSE shall be peformed right after infrastructure and technical conditions at HOSE are met.