MB increases stake in MBS after exercising share purchase rights
Military Commercial Joint Stock Bank (MB), a major shareholder and related party of an internal person at MB Securities Joint Stock Company (MBS), has fully exercised its rights to purchase MBS shares. The transaction, dated October 21, 2025, involved 381,373,836 rights to purchase, resulting in the acquisition of 45,764,860 new MBS shares. This brings MB's total expected holding to 427,138,696 shares.
Prior to this transaction, MB held 381,373,836 MBS shares, representing 66.58% of the charter capital. The acquisition was based on a 100:12 ratio, meaning 100 rights allowed the purchase of 12 new shares. The value of this executed transaction, calculated at par or issuing price, amounted to 457,648,600,000 Vietnamese dong.
The internal person linked to this transaction is Le Viet Hai, chairman of the board of directors of MBS. He is also a member of the board of directors at Military Commercial Joint Stock Bank and represents MB's 60% capital contribution at MBS.
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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