Asia Mineral plans bonus share issue to boost capital

Asia Mineral Joint Stock Company (AMC) has resolved to proceed with a share issuance from owner's equity, effectively a bonus share distribution, to its existing shareholders. This initiative, approved by the extraordinary General Meeting of Shareholders in 2025, aims to increase the company's charter capital. The bonus shares, classified as common shares with a par value of VND 10,000 per share, will be distributed at a ratio of 2:1, meaning shareholders will receive one new share for every two shares held.

The company plans to issue an additional 1,425,000 shares, bringing the total par value of the issuance to VND 14,250,000,000. Following this issuance, Asia Mineral's projected charter capital will reach VND 42,750,000,000. The legal capital for this issuance, amounting to VND 18,194,360,710, will be sourced from the development investment fund as per the audited financial statements as of December 31, 2024.

The distribution is anticipated to occur in Q4/2025, pending approval from the State Securities Commission. The capital raised will support the company's production and business operations and ensure compliance with public company regulations. Rights to receive bonus shares are non-transferable, while the bonus shares themselves will not have transfer restrictions.