Japanese shareholders from SoftBank have registered to purchase more than 17.4 million shares (equivalent to 15 percent of pre-issue capital) to maintain the ownership ratio at TPBank at approximately 20 percent now.
Recently, the State Securities Commission approved the separate issuance method of 87.6 million shares, equal to 15 percent of the pre-issue chartered capital by Tien Phong Joint Stock Commercial Bank (TPBank, coded TPB).
SoftBank’s five related organisations including SBI Ven Holdings Pre and four companies owned by SBIH Investment Vietnam simultaneously announced to purchase more shares in this separate issuance.
Two representatives of SBI Ven Holdings Pre included Shuzo Shikata who is currently vice Chair and Eiichiro So who is now board member at TPBank.
Four companies owned by SBIH Investment Vietnam see Nguyen Thi Thu Nguyet as Chair (Nguyet is a member of TPBank’s non-specialised control board). Nguyet is also the CEO of FPT Capital.
This shareholder group will purchase an additional of 17.4 million shares, raising the holding of TPB shares from 116 million shares to 133.45 million shares. Transactions are expected to be implemented from June 8 to July 7.
Specifically, Singapore’s SBI Ven Holdings Pte. Ltd registered to purchase more than four million TPB shares. Currently, this fund is holding nearly 27 million TPB shares, equal to the ownership rate of 4.6 percent of the chartered capital.
Companies where Nguyen Thi Thu Nguyet works as Chair registered to buy more than 13.3 million TPBank shares.
Of which, SP Co., Ltd registered to purchase more than 2.9 million shares. This company is holding 19.4 million TPB shares, equal to the ownership rate of 3.3 percent of the chartered capital.
JB Co., Ltd registered to purchase 3.3 million shares. This company now owns 22.2 million TPB shares, equal to 3.9 percent of the chartered capital.
FD Co., Ltd registered to purchase more than 3.4 million TPB shares. This company is possessing 22.7 million shares, equal to 3.9 percent of the chartered capital.
VG Co., Ltd registered to buy more than 3.7 million TPB shares. This company owns nearly 25 million TPB shares, equal to 4.3 percent of chartered capital.
Apart from Softbank investment group, in this separate issuance, TPBank also receives additional foreign capital flow from the Finnish investment fund FYN Elite Fund. In December 2017, PYN signed a contract, committing to spend nearly $40 million to own 4.99 percent stake of TPBank after issuance.
One week ago, Bui Thi Thanh Huong, deputy CEO of TPBank registered to purchase one million newly issued shares.
