HOSE has received listing documents of VIX Securities
VietReader 28-10-2020, 17:25

HOSE has received listing documents of VIX Securities

HOSE announced to receive the registration documents to list 127.7 million VIX shares of VIX Securities JSC on October 21.

The Ho Chi Minh City Stock Exchange (HOSE) has just announced the receipt of registration documents for listing of VIX Securities JSC (Code: VIX) on October 21.

VIX shares are listed on the Hanoi Stock Exchange (HNX) from December 2009 to present. In August 2020, VIX listed more than 11.6 million additional shares issued to pay 10% dividend.

The company’s current charter capital is VND 1,277 billion, equivalent to more than 127.7 million VIX shares registered to be listed on HOSE.

At the extraordinary shareholders meeting in 2020 that took place in September, the Board of Directors approved a resolution to change the name from IB Securities (IBSC) to VIX Securities to unify the brand identity between the name and stocks listed on the floor.

Besides, the company also decided to transfer all 127.7 million VIX shares from the Hanoi Stock Exchange (HNX) to HOSE. According to management, this exchange shows the company’s determination and strategy to attract more investors’ attention in the market.

The company’s shareholders also passed a resolution allowing Vice Chairman cum General Director Nguyen Thi Tuyet and related persons to buy / receive shares of VIX to increase the ownership rate to 36% without having to implement. Public tender offer in accordance with the law.

In early October, Ms. Nguyen Thi Tuyet completed the purchase of 4 million VIX shares, bringing the number of shares to over 9.84 million shares, equivalent to 7.71% ownership and becoming major shareholder of the company.

Along with the general prosperity of the whole industry, VIX Securities announced its business results for the third quarter of 2020 with operating revenue doubling to 231 billion dong, largely thanks to growth from proprietary trading. Profit after tax in the third quarter reached VND 149.5 billion, up 274% compared with the figure of 40 billion VND in the same period last year.

Accumulated 9 months, the company reached 492 billion revenue, up more than 60% while profit before tax doubled to 244 billion. Profit after tax reached nearly 196 billion, up 94% and exceeded 145% of the plan this year.

Source: vietnambiz.vn – Translated by fintel.vn