SSI Is Approved To Increase Capital Of 4,800 Billion VND

The State Securities Commission (SSC) has just released the official letter 1663/2015 / CV-SSIHO on allowing Saigon Securities (SSI) to raise its charter capital from 4,700 billion VND to 4,800 billion VND.

It is reported that the capital increase of 100 billion VND is from the issuance of shares under the Employee Stock Option Program (ESOP).

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Under this program, SSI has issued 10 million shares for 10,000 VND / share for 257 employees. The issuance was made on October 23rd.

According to a consolidated financial statement of the third quarter of 2015, SSI announced that the revenue in the quarter reached 360.6 billion VND, the total accounting profit before tax reached approximately 186 billion. In 9 months, the total revenue reached 960 billion VND, accounting profit before tax reached 755 billion.

SSI – A 15-year journey to the top.

According to the consolidated balance sheet, SSI’s equity as of 30 September was 6,312.7 billion VND. However, SSI’s debt is also very large. According to statistics, up to the time of September 30, SSI’s liabilities reached nearly 5,297 billion VND, of which short-term debt was 4,570 billion VND.

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