Asia Mineral plans share issuance to boost capital

Asia Mineral Joint Stock Company (AMC) will issue 1,425,000 common shares to increase its charter capital. This issuance will be executed at a ratio of 2:1, meaning shareholders holding two shares will receive one new share. The record date for shareholder eligibility is set for December 2, 2025.

The shares will be issued from the company's development investment fund, which stood at VND 18,194,360,710 as of December 31, 2024, according to audited financial statements. Any fractional shares resulting from the distribution will be rounded down to the nearest whole unit, and the remaining fractional shares will be cancelled.

The company currently has 2,850,000 outstanding common shares. Its primary business activities include cutting, shaping, and finishing stone, specifically producing CaCO3 powder and sawn stone.