Hanoi, November 19, 2025, VPS Securities Joint Stock Company (“VPS” or “the Company”) announced that it has received confirmation from the State Securities Commission of Vietnam (“SSC”) regarding the receipt of its report on the results of its initial public offering (“IPO”). According to the report, VPS successfully issued 202.31 million shares and raised VND 12,138.6 billion (approximately USD 461 million) from a large number of individual and institutional investors. Following the offering, the Company’s charter capital is expected to increase from VND 12,800 billion to around VND 14,823 billion, while shareholders’ equity will reach approximately VND 26,000 billion.
Alongside the success of the IPO, VPS has also attracted attention from leading global investment funds and institutions expressing interest in investing in the Company. To date, international institutions have committed a total investment of approximately VND 2,000 billion (around USD 75 million). This transaction is being arranged and advised by Jefferies Singapore Limited (“Jefferies”), a leading global investment banking and capital markets firm, acting as Sole Global Coordinator and serving as the exclusive advisor and arranger for VPS. VPS believes that upon successful completion of the transaction, the Company will secure long-term, sustainable capital from reputable international investors, further strengthening its growth momentum and reinforcing its position as the securities firm with the largest brokerage market share in Vietnam.
VPS is currently finalizing the necessary procedures to list its shares on the Ho Chi Minh City Stock Exchange (“HOSE”), with the listing expected to take place in December 2025. This milestone marks the beginning of a new development phase — “VPS 2.0” — aimed at expanding operational scale and accelerating comprehensive digital transformation.
These transactions are expected to bring VPS a total capital inflow of approximately VND 14,140 billion (approximately USD 536 million). This represents one of the largest IPO and capital-raising deals in Vietnam since 2018.
A VPS representative stated: “The strong participation of individual and institutional investors reaffirms the market’s confidence in VPS’s sustainable development strategy. It also demonstrates the Company’s five consecutive years of brokerage market leadership and highlights its long-term growth potential in Vietnam’s securities market.”
About VPS Securities Joint Stock Company
With nearly 20 years of establishment and development, VPS has affirmed its position as one of Vietnam’s leading securities companies. Guided by its philosophy of “Expanding access to financial investment for everyone,” VPS continuously innovates and builds comprehensive financial services to meet the diverse needs of its clients.
VPS is a pioneer in research, development, and application of new technologies and standards, delivering outstanding user experiences while expanding strategic partnerships with domestic and international partners. The Company considers its people as its core asset, striving to create an open, creative, and equitable working environment that fosters talent development.
In parallel with business activities, VPS places strong emphasis on its responsibility to the community, environment, and society. The Company actively implements green initiatives, charitable programs, and pursues a sustainable development strategy. VPS’s success is built on the trust of its clients, investors, and partners — a driving force that motivates the Company to continue contributing positively to the financial market and the community.
(*) Disclaimer: This announcement is not an offer of securities for sale in the United States. Securities may not be sold in the United States unless they are registered or are exempt from registration. The Company does not intend to register any portion of this offering in the United States or to conduct a public offering in the United States. Any public offering of securities to be made in the United States will be made by means of a prospectus that will contain detailed information about the Company and its management, as well as financial statements. Copies of this announcement are not being, and should not be, distributed in or sent into the United States. It may be unlawful to distribute these materials in certain jurisdictions. These materials are not for distribution in Canada, Japan or Australia. The information in these materials does not constitute an offer of securities for sale in Canada, Japan or Australia.
