FLCS to hike chartered capital to 300b dong

FLC Securities Joint Stock Co (FLCS) on June 30 organised its annual general meeting (AGM) and passed this year’s business plan with revenue of 118 billion dong and after tax profit at 1.14 billion dong.

Also at the AGM, shareholders agreed to hike chartered capital from the current 135 billion dong to 300 billion dong and add issuing underwriting operation in its business line.

Since early 2012 so far, FLCS has been the single securities company adopting plan to scale up chartered capital to expand business line.

Earlier, the market saw some cases of securities companies reducing business lines and lowering chartered capital such as Indochina Securities Joint Stock Co, Hanoi Securities Joint Stock Co, Truong Son Securities Incorporation and Vietnam Industrial & Commercial Securities Co.

 

Category: Stocks