
FPT Securities Joint Stock Company continued to borrow VND 2.5 trillion from VIB
FPT Securities Joint Stock Company (FPTS, HoSE: FTS) announced its decision to borrow an additional VND 2.5 trillion from Vietnam International Commercial Joint Stock Bank (VIB). This new short-term credit line is intended to supplement working capital for various business activities, including stock investment and trading, margin lending, government bond investments, and other operational needs. By the end of Q1 2025, FPTS's total liabilities stood at VND 6.434 trillion. Additionally, the company announced its plan to sell 1.19 million MSH shares of Song Hong Garment Joint Stock Company, an investment considered a "gold mine" for FPTS, with its book value 42 times higher than the initial purchase price.
FPT Securities Joint Stock Company (FPTS, HoSE: FTS) announced its decision to borrow an additional VND 2.5 trillion from Vietnam International Commercial Joint Stock Bank (VIB). This new short-term credit line is intended to supplement working capital for various business activities, including stock investment and trading, margin lending, government bond investments, and other operational needs. By the end of Q1 2025, FPTS's total liabilities stood at VND 6.434 trillion. Additionally, the company announced its plan to sell 1.19 million MSH shares of Song Hong Garment Joint Stock Company, an investment considered a "gold mine" for FPTS, with its book value 42 times higher than the initial purchase price.
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