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QP Green Investment completes share offering, raises VND 272bn

September 16, 2025 at 06:00 PM UTCBy FilingReader AI

QP Green Investment Joint Stock Company (formerly HKT Holdings) has announced the successful completion of a private placement of 27,200,000 common shares. This offering increased the company's charter capital from VND 61,350,290,000 to VND 333,350,290,000, as approved by the Annual General Meeting of Shareholders on May 29, 2025. The total proceeds from the offering amounted to VND 272,000,000,000, with an average selling price of VND 10,000 per stock.

The offering took place from September 5, 2025, to September 8, 2025, with shares distributed to professional securities investors. Major shareholders after the placement include Vi Thi Dung with 20,100,000 shares (60.297%) and Duong Thi Chin with 7,000,000 shares (20.999%). Funds were deposited into a blocked account at Vietnam Prosperity JS Commercial Bank (VPBank) – HCMC.

The State Securities Commission confirmed receipt of reporting documents on the results of the private placement on September 9, 2025. The capital raised will be used to repurchase capital contributions from Quang Phuc Housing Development Co., Ltd. and to supplement working capital.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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