MB Securities issues a 970 billion-dong bond tranche

From March 19 to March 26, 2026, MB Securities Joint Stock Company (MBS) issued 9,700 bonds under code MBS12601 with a face value of 100 million dong per bond, totaling 970 billion dong. The bonds have a 24-month term, with maturity on March 19, 2028. The coupon rate is 7.4% per year. These are non-convertible, with no warrants, and with no collateral. The issuance aims to restructure MBS's debt. By the end of 2025, MBS had five outstanding long-term bond blocks with a total value of nearly 1,562 billion dong, including one issue in 2025, two issues in 2023, and two issues in 2024; all are non-convertible, without warrants, and without collateral. On March 26, 2026, the annual general meeting (AGM) approved revenue of 4,675 billion dong and pre-tax profit of 1,850 billion dong, up 128% and 131% respectively versus 2025 performance. Regarding personnel, the AGM approved the resignation of board member Le Viet Hai; Phan Phuong Anh was elected to the Board as CEO for 2023-2028 and subsequently elected Chairman of the Board. The Board then dismissed the CEO and appointed Hoang Ha as the successor from March 26. The AGM also approved other items such as: appointment of auditors for 2026; remuneration for the Board and Supervisory Board for 2026; approval to list MB's bonds issued to the public; approval and enactment of amended and supplemented MB Securities' charter; amendments to the governance framework and other matters decided at the AGM.