Everest Securities shareholders approve asset disposals, board reduction

Everest Securities Joint Stock Company’s Extraordinary General Meeting of Shareholders on December 11, 2025, approved several key initiatives. Shareholders voted to dispose of collateral assets securing multiple-extended accounts receivable, including VND 328.55 billion from Vietmedia Entertainment Services Trading Joint Stock Company and VND 189.16 billion from Toan Xuan Thinh Trading Investment Joint Stock Company, both secured by NVB shares. The recovery price for these shares will be determined through negotiation based on market price and applicable laws.

Additionally, shareholders approved a change in the company's head office address, with the board of directors authorized to search for and select a new location for approval by the nearest general meeting. The company will also continue implementing asset purchase, sale, or investment activities, and transactions approved in the 2025 annual general meeting.

The meeting also saw the dismissal of two board of directors members, leading to amendments in the Company Charter and Internal Governance Regulations. These amendments notably reduce the board of directors from seven to five members and adjust the shareholder nomination thresholds for board candidates.