F.I.T Group Joint Stock Company (FIT Securities) has just approved a number of contents in the work of issuing shares in 2021 to increase charter capital.
Accordingly, FIT plans to issue nearly 51 million shares to existing shareholders. Issuance ratio 5:1, corresponding to shareholders owning 1 share receive 1 right to purchase, every 5 right to buy 1 new share.
Offering price 10,000 dong/share, expected to mobilize 510 billion dong. Meanwhile, on the stock market, FIT is currently trading at VND 16,700/share.
The entire mobilized amount from the offering will be used to supplement working capital for the company’s business, increasing capital for member companies, executing in 2021.
FIT Business results in the first 6 months of 2021 with revenue up 14.1% over the same period, reached to 616 billion dong. Profit after tax quadrupled, to nearly 164 billion dong, of which the profit after tax belonged to the company’s shareholders reached 110 billion dong.