•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•

On April 23, 2026, Ho Chi Minh City Securities Corporation (HSC) held its 2026 Annual General Meeting of Shareholders (AGMS) online. Shareholders approved key contents covering the 2026 business plan, capital increase, dividend policy, corporate governance matters, and expansion directions.
The meeting approved HSC’s 2026 business plan with expected revenue of 6,567 billion VND and pre-tax profit of 2,302 billion VND, representing growth of 50% and 56% respectively compared with 2025.
Key 2026 directions include:
Shareholders approved capital-raising plans totaling about 5,000 billion VND to support margin lending activities and strengthen HSC’s financial capacity.
After the planned issuance, HSC’s charter capital is projected to increase from 10,808 billion VND to about 15,800 billion VND.
HSC expects to pay the second cash dividend for 2025 at 4%.
The meeting also approved HSC’s 2026 dividend plan with a maximum payout not exceeding 80% of after-tax profit, equivalent to about 700 VND per share.
Shareholders approved the establishment of a 100% owned single-member company with charter capital of around 800 billion VND to participate as a member of the Ho Chi Minh City International Financial Center.
The company’s participation is expected to broaden access to capital, customers, and international partners, while leveraging incentives and aiming for international operating and governance standards. The move is intended to enhance HSC’s competitiveness and long-term position.
In addition, the meeting approved reorganizing the management structure in line with the company’s development direction and completed the election of the board of directors for the 2026–2030 term.
Overall, the approvals at the 2026 AGMS provide a basis for HSC to continue implementing its growth strategy, expand its scale, and increase shareholder value.

Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…