Asia Mineral to boost capital with bonus share issuance

Asia Mineral Joint Stock Company's extraordinary general meeting of shareholders on October 17, 2025, approved a plan to issue bonus shares to increase charter capital from owner’s equity. The issuance will see 1,425,000 additional common shares with a par value of VND 10,000 per share, resulting in a total issuance value of VND 14,250,000,000. This will increase the charter capital to VND 42,750,000,000, funded by the development investment fund as of December 31, 2024.

Existing shareholders will receive bonus shares at a 2:1 ratio (one new share for every two held), with fractional shares rounded down and canceled. Rights to receive bonus shares are non-transferable, while the bonus shares themselves will be freely transferable. The issuance is expected in Q4 2025, pending approval from the State Securities Commission of Vietnam, aiming to strengthen financial capacity and meet public company requirements.

The general meeting also approved changing the company's head office address due to administrative boundary adjustments effective July 1, 2025. The board of directors is authorized to implement the detailed share issuance plan, amend the company’s charter to reflect the new capital and address, and register additional shares with VSDC and HNX.