HCMC — SJ Group JSC (HOSE: SJS) will issue more than 182.6 million new shares in 2025 to pay stock dividends and distribute bonus shares, increasing its charter capital by 159%.
The plan includes 86.25 million shares for dividend payments covering the years 2018, 2019, 2020, 2021, and 2024, at a rate of 75.1%. An additional 96.36 million bonus shares will be issued to raise capital, or 83.9% of the outstanding shares. This means shareholders will get 159 new shares for every 100 shares held.
The total value of the new shares, based on par value, is estimated at VND1.83 trillion. The dividend shares will be funded by retained earnings from 2024, while the bonus shares will be financed through the company’s development investment fund and share premium.
The share issuance will take place after the State Securities Commission confirms that all required documents have been submitted.
After the issuance, SJ Group’s charter capital will rise from VND1.15 trillion to nearly VND2.97 trillion.
For 2025, the company’s revenue is projected to hit VND1.21 trillion, with after-tax profit expected to reach VND753 billion, more than double that of 2024.
In the first quarter of 2025, SJ Group reported revenue of VND143.3 billion, a 21% increase from a year earlier. Net profit surged nearly 53% to VND67.2 billion, mainly due to continued sales at the Nam An Khanh real estate project.
Closing the trading session today, June 17, SJS increased VND1,300, or 1.42% over the previous session, to VND93,000.
The Hochiminh Stock Exchange’s benchmark index rose on Tuesday, led by gains in large-cap stocks and a rebound in some real estate and fertilizer stocks.
The VN-Index gained 9.58 points, or 0.72%, to close at 1,347.69 points, with 177 winners and 133 losers.
Trading volume and value improved slightly over the session earlier, reaching 863.9 million shares valued at VND20.91 trillion. Block deals accounted for 62 million shares worth VND1.45 trillion.
Vingroup-related stocks lost momentum by the close but still contributed over four points to the index. VHM rose 3.3%, VIC added 2.7%, and VRE inched up 0.2%.
Bluechips in the VN30 basket, which groups the 30 largest-cap stocks, also posted gains. Rubber firm GVR rose 3.2%, lender LPB gained 2.2%, and many others ended in positive territory. Losses were limited, with minor declines in FPT, BCM, MBB, ACB, and VIB.
Mid- and small-cap stocks saw selective gains. DPG, LDG, and TDH hit their daily price ceilings on strong liquidity.
Real estate developers PDR and NVL recorded sharp increases. PDR rose 4.4% with 19.1 million shares traded, while NVL gained 3.7% and ranked second in market liquidity with over 36.1 million shares changing hands.
Bank stock SHB was the most actively stock on the southern market, with 38.6 million shares traded.
Fertilizer stocks also picked up. DCM advanced 3.1% and DPM climbed 5.5%, with trading volumes of nearly 10 million and 11.4 million shares, respectively.
On the Hanoi Stock Exchange, the HNX-Index moved sideways with a marginal rise of 0.05%, adding 0.12 points to 228.24 points. The bourse saw 87 gainers and 60 losers. Total trading volume reached 91.7 million shares valued at VND1.73 trillion.
