LVA ceases consolidated reporting after Long An Book share issue

LVA Trading and Services Joint Stock Company announced it will cease preparing and disclosing consolidated financial statements starting from Q3 2025, with the fiscal year ending December 31, 2025. This decision follows a private placement of shares by Long An School Book - Equipment Joint Stock Company to strategic investors on August 6, 2025.

Post-issuance, Long An School Book - Equipment Joint Stock Company increased its charter capital to VND 30,060,000,000. LVA's ownership ratio in Long An School Book - Equipment Joint Stock Company is now 32.52%, meaning LVA is no longer the parent company.

The private placement involved issuing 2,060,000 shares, representing 51.5% of the total shares offered, to two shareholders, generating VND 20,600,000,000. The shares were issued at a par value of VND 10,000 per share, with the issuance concluding on July 31, 2025.