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HD Securities Joint Stock Company (HD Securities, HDS) has announced personnel appointment decisions following its 2026 annual general meeting (AGM) of shareholders.
Mr Vu Huu Dien was elected to serve as Chairman of the Board for the 2025–2030 term, effective from April 23, 2026. Mr Nguyen Canh Vinh will step down as Chairman and move to the position of Standing/Permanent Vice Chairman of the Board from April 23, 2026. Mr Tran Hoai Phuong will continue to serve as a Member of the Board.
Previously, the AGM approved the resignation of Ms Nguyen Thi Tich from the Board and appointed Mr Vu Huu Dien to the Board.
In addition to the personnel changes, the AGM approved the plan to offer the company’s initial public offering (IPO). The plan is intended to support the company’s medium- and long-term development strategy, meet capital increase needs to strengthen financial capacity and expand business activities, and gradually list the company’s shares on the stock market.
Under the approved plan, HDS is expected to offer 164.4 million shares. The offering price will not be lower than the book value. The offering is planned to be conducted from Q2 to Q4/2026.
For 2026, HDS targets total revenue of VND 4,747 billion and pre-tax profit of VND 3,375 billion, which the company said represent increases of 2.0 times and 2.6 times, respectively, compared with 2025 results.
At the end of 2025, HDS reported total revenue of VND 2,121 billion and pre-tax profit of VND 1,313 billion, up 95%. The company proposed not to pay dividends in 2025.
Another item approved by the AGM is the establishment of a securities business entity as a member at the International Finance Centre (IFC). HDS said the move aligns with its development direction in the next phase and supports the expansion of its network and brand recognition domestically, regionally, and globally.
According to management, IFC will serve as a channel to connect and build an ecosystem of finance, technology, and intermediaries, linking with financial institutions and foreign investors.
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