Bao Ngoc Investment Group raises foreign ownership limit to 50%

Bao Ngoc Investment Group Joint Stock Company (HNX: BNA) has confirmed an increase in its maximum foreign ownership limit (FOL) to 50%. This change follows the receipt of Official Letter No. 6622/UBCK-PTTT dated October 23, 2025, from the State Securities Commission of Vietnam (SSC).

The company submitted its filing notifying the change in its FOL on October 08, 2025. The SSC's communication directs Bao Ngoc Investment Group to fulfill its information disclosure obligations as per Clause 2, Article 13 of Circular No. 96/2020/TT-BTC.

The Vietnam Securities Depository and Clearing Corporation is also instructed to update and adjust the maximum foreign ownership ratio for the company in its system, adhering to the regulations outlined in Clause 4, Article 142 of Decree No. 155/2020/NĐ-CP, as amended by Decree No. 245/2025/NĐ-CP. This information was disclosed on the company's website on October 24, 2025.