News about UP

Chứng khoán UP extended the deadline for investors to pay for its private placement of more than 67.6 million shares to 11:00 on November 19, 2026, almost one month later than the previous October 21 deadline. The offering is priced at 10,000 VND per share and equals twice the current outstanding shares, with expected proceeds of up to 676.2 billion VND: 400 billion VND for proprietary trading and over 276 billion VND for margin lending. If completed, charter capital would rise to 1,000 billion VND. According to the earlier subscriber list, Bolt Holdings JSC plans to buy 62.62 million shares and Chairman Chu Tuấn An plans to buy 5 million shares. Bolt Holdings, a real estate company whose charter capital rose from 10 billion VND to 1,500 billion VND by April 2026, is controlled by Đỗ Hoàng Minh, son of the chairman of Tập đoàn Tân Hoàng Minh.