HCMC – SSI Securities Corporation (HOSE: SSI) will issue more than 104 million shares via private placement to raise its charter capital to VND20.76 trillion.
The offering, equivalent to 5.28% of the company’s outstanding shares, will be priced at VND31,300 each, enabling the company to raise an estimated VND3.26 trillion. SSI said half of the proceeds will be used to invest in certificates of deposit, while the remaining amount will support margin lending operations.
Eighteen investors have registered to bid for the offering, including 14 institutional and four individual investors. The transaction is scheduled for the third or fourth quarter of 2025.
SSI shares have seen a strong rally since early June, climbing from around VND23,000 to VND42,000 on August 28.
The benchmark VN-Index closed up 8.08 points, or 0.48%, at 1,680.86 points, with 177 winners and 137 losers.
Market liquidity dropped from the previous session, with 1.19 billion shares worth VND34.42 trillion traded, down 23.7% in volume and 27.3% in value. Block deals accounted for 59.4 million shares valued at around VND1.7 trillion.
The VN30-Index gained 12.6 points, or 0.68%, to 1,861.2 points, with 19 bluechips rising and nine declining. VIC lost 1.4%, driving the index down by 1.7 points.
VCB, after sharp gains in the previous session, slipped 0.1% to VND69,000 with 8.8 million shares traded. SHB climbed 4.2% to VND18,400 and took the lead by liquidity with over 152.8 million shares changing hands.
Securities stocks were the session’s main driver. SSI jumped 4.3% to VND42,000, with nearly 55 million shares changing hands. VIX rose 4.2% with 58 million shares traded, VND gained 3.6% on 40 million shares, and VCI added 3.5% on 12.8 million shares.
On the Hanoi Stock Exchange, the HNX-Index moved sideways, edging up a mere 0.25 point, or 0.09%, to 276.63, with 101.7 million shares worth VND2.31 trillion traded.
