FPTS to issues 11m shares in 2011

FPT Securities Joint Stock Co (FPTS) has lately announced the content of the resolution, that was released in the annual shareholders meeting held on March 10, about raising the chartered capital to 550 billion dong and list shares on the stock market.



Accordingly, the company’s shareholders have approved for issuing additional 11 million shares to offer for SBI Securities Co, FPTS’ partner at offered price of 45,000 dong per share. After the share issuance, the company’s chartered capital will be raised from 440 billion dong to 550 billion dong. The company will list all the shares in the stock market within 2011.



In 2010, FPTS reported reaching whole year pre-tax profit of 210.27 billion dong, increasing by 74.47 percent against the previous year; after tax profit of 188.52 billion dong, up 56.42 percent.



In the first two months of 2010, the securities company posted to gain accumulative pre-tax profit of over 18 billion dong.

Tags: Vietnam business, Vietnam business news, Vietnam stock news

Posted by KaxHereebaf on Mar 14 2011. Filed under Enterprises. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry