On September 30, 2025, Ba Ria – Vung Tau House Development Joint Stock Company successfully held the 2025 Extraordinary General Meeting of Shareholders. The General Meeting approved the following matters:
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Adjusting the profit distribution plan previously approved by the General Meeting of Shareholders at the 2025 Annual General Meeting of Shareholders;
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Canceling the following matter: Reversing the development investment fund into undistributed after-tax profit to pay dividends to shareholders;
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Canceling the plan to issue shares for the 2024 dividend payment;
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Issuing shares to increase share capital from owner’s equity to shareholders at a ratio of 12%.
At the General Meeting, Mr. Le Viet Lien also reported preliminary estimates on the revenue and profit performance for the first nine months of the year and the plans for the upcoming period. Specifically:
Profit before tax for Q3 and the full year of 2025 are VND 666 billion and VND 755 billion, respectively, exceeding the annual plan by 142% and increasing by nearly 850% year-over-year.
The Presidium
Mr. Le Viet Lien – General Director of the company, delivering a speech at the General Meeting.
