GELEX Electric JSC (HoSE: GEE) has announced plans to issue bonus shares to existing shareholders, with a distribution ratio of 75%, as part of a capital increase from equity.

The company expects to issue approximately 274.4 million shares. Upon completion, its charter capital will rise from VND 3,660 billion to VND 6,404 billion.

Under the plan, shareholders will receive 75 new shares for every 100 shares held. The new shares will not be subject to any transfer restrictions.

The issuance is slated for Q2/2026, pending confirmation from the State Securities Commission of Vietnam that the company has fulfilled all required filing procedures.

Funding will be sourced from the development investment fund, share premium, based on the 2025 standalone financial statements, as well as retained earnings reflected in the audited 2025 consolidated financial statements.

Earlier, GELEX Electric completed its 2025 cash dividend payout at a total rate of 55%. This included a 30% interim dividend (approximately VND 1,098 billion), followed by a 25% final payment (around VND 915 billion).

PR Department