Hai Duong Pump Manufacturing boosts capital with share issuance

Hai Duong Pump Manufacturing JSC (HNX:CTB) announced the successful completion of its share issuance to increase capital from owner's equity. The move, which concluded on November 5, 2025, aligns with resolutions approved by the General Meeting of Shareholders and the Board of Directors, aiming to strengthen the company’s financial structure.

The issuance distributed 6,839,960 common shares to 507 shareholders at a 2:1 ratio, bringing the total outstanding shares post-issuance to 20,519,960 shares. The capital increase utilized VND31,380,333,333 from share premium and VND37,019,666,667 from undistributed after-tax profits, totaling VND68,400,000,000.

The initiative was underpinned by key approvals, including Resolution No. 195/NQ-ĐHĐCĐ/HAPUMA from the 2025 Annual General Meeting, and Board of Directors' Resolution No. 08/2025/NQ-HĐQT/HAPUMA on April 9, 2025, for implementation. Share delivery is expected between November and December 2025.