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Hoa Binh Securities approves 2025 plan, names new chair and vice chair

November 5, 2025 at 06:08 PM UTCBy FilingReader AI

Hoa Binh Securities JSC (HBS) has approved its 2025 business plan, targeting 30 bn in revenue and 10 bn in after-tax profit, with a 10% cash dividend payout ratio. This plan was approved at the board of directors' meeting held on October 28, 2025, which also saw the election of a new board chairman and vice chairman.

Key leadership appointments include Tran My Linh as the new chairwoman of the board of directors, succeeding Ong Tran Kien Cuong, who will now serve as a board member. Trinh Thanh Giang was appointed as the vice chairman. The meeting also confirmed the 2024 financial results, including total investment inflow of 7,934,211,509 and outflow of 8,254,770,118. The company also confirmed its commitment to transparent management practices, aiming to avoid conflicts of interest.

The general meeting of shareholders has also approved key proposals, including the 2024 profit distribution plan, which maintains a 10% cash dividend for common shares. The 2025 salary plan for employees was set at 93,880,000 for the board of directors and 10,000,000,000 for the general director and deputy general director. These measures are designed to enhance corporate governance and ensure long-term stability and growth.

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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