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Capella Group became a major shareholder of DNSE after the securities firm completed its rights issue to existing shareholders on March 23, 2026. DNSE Joint Stock Securities Company (ticker DSE on HOSE) distributed a total of 85.94 million shares under the offering.
DNSE allocated 85.37 million shares from January 15, 2026 to March 16, 2026. The remaining 276,177 shares were allocated on March 23, 2026. The offering price was 15,000 VND per share, which is estimated to raise nearly 1,275 billion VND.
About 86% of the capital raised, equivalent to nearly 1,105 billion VND, will be used to strengthen capital for margin trading and prepayments. The remaining 14%, or about 180 billion VND, will be used to bolster capital for proprietary trading.
After the offering, DNSE increased its charter capital from 3,426 billion VND to 4,282 billion VND. Capella Group became a new major shareholder after acquiring 42,075,000 DSE shares, equivalent to 9.8% of charter capital.
Capella Group received transfers of subscription rights from existing shareholders to participate in the offering. The group is a multi-industry conglomerate active in real estate, logistics, and finance. After becoming a major shareholder, Capella Group’s representative, Dau Ha Lam, the group’s Chief Technology Officer, was elected to DNSE’s Board of Directors at the 2026 annual general meeting.
Separately, via the transfer of subscription rights, a private individual became a major shareholder of DSC (DSC) in November 2025. DSC distributed 35.3 million shares to 1,129 shareholders.
Of the total, 35.12 million shares were allocated to 1,128 domestic shareholders from October 13 to November 11. The 209,624 shares allocated to shareholder Ta Van Manh in November 20–21 will be non-transferable for one year.
In the offering, 1,121 domestic investors bought 35.3 million shares and 8 foreign investors bought 6,303 shares. With an offering price of 10,000 VND per share, DSC raised 353.4 billion VND and increased charter capital to nearly 2,750 billion VND.
DSC plans to use 203.4 billion VND to strengthen capital for proprietary trading and 150 billion VND to strengthen capital for financing through margin lending.
The Nutifoods group has continued to raise its stake in Dragon Việt Securities (VDS). Kido (KDF), which did not participate in the share offering, has been accumulating VDS through private deals.
KDF began acquiring VDS shares from January 26, 2026, purchasing 5.5 million shares and increasing its stake from 0% to 2.02% of VDS. KDF continued transactions in January and March 2026.
Most recently, KDF disclosed total transfers of 14.5 million VDS shares via private deals over three consecutive sessions: 5 million shares on March 13, 4.8 million shares on March 16, and 4.7 million shares on March 17. This increased KDF’s holding from 41 million shares (13.07% or 15.07% depending on reporting) to 55.5 million shares (about 20.4%).
In addition, the related entity Nutifood Bình Dương is holding 11.75 million VDS shares, representing about 4.32% of the capital.
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