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Techcombank Securities to raise capital via IPO 

Raising capital through an IPO will help Techcom Securities to support its trading activities and expand brokerage services.

THE HANOI TIMES — Techcom Securities will offer more than 231 million shares in its initial public offering (IPO), which is scheduled to take place between the third quarter of 2025 and the first quarter of 2026.

Techcom Securities, a Vietnamese securities company under Techcombank, operates since 2018.

The offering equates to 11.11% of its total outstanding shares. Once the deal is finalized, Techcom Securities will increase its charter capital from VND2.3 trillion ($88.5 million) to VND23 trillion ($886 million).

The company plans to allocate up to 70% of the funds to proprietary trading of stocks and bonds to take advantage of attractive market valuations.

Approximately 30% of the revenue earned from the IPO will be allocated toward brokerage, margin lending, advance payments, and other services to increase market share.

The offered shares will not be subject to transfer restrictions. Pricing details have not yet been announced.

The firm shareholders have approved the share sale plan.

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