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Macstar Group announces share offering to fund acquisitions and new vessels

November 11, 2025 at 06:00 PM UTCBy FilingReader AI

Macstar Group Corporation (Macstar Group) has announced a public offering of 22,709,408 common shares at 10,000 dong per share, aiming to raise 227,094,080,000 dong. The offering is open to existing shareholders via a 1:1 rights issue, with a minimum subscription of one share. The subscription period runs from December 2 to December 22, 2025.

The proceeds from this offering will be allocated to three key initiatives: acquiring 9,000,000 shares (36% ownership) in An Bien Shipping Joint Stock Company, constructing four new container vessels (135TEU/180TEU, VR-SB/SI class), and boosting Macstar Group's working capital. KB Securities Vietnam (KBSV) is acting as the consulting organization for the offering.

Macstar Group, with a charter capital of 227,094,080,000 dong, specializes in transportation support services, including depot operations, ship agency, mechanical repairs, coastal and deep-sea cargo transport, and real estate.

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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