KB Securities Vietnam Successfully Organizes 2025 Annual General Meeting of Shareholders

24/04/2025 05:35:51 PM - 7 View
On April 23, 2025, KB Securities Vietnam Joint Stock Company (KBSV) successfully convened its 2025 Annual General Meeting of Shareholders at the company’s headquarters in Hanoi. The meeting was attended by Mr. Jeon Mun Cheol – Member of the Board of Directors cum Chief Executive Officer, Mr. Choi Yunsun – Member of the Board of Directors cum Chief Financial Officer, along with the company’s shareholders.

The General Meeting was held during the robust recovery of Vietnam’s stock market after a period of considerable volatility. This marked a significant occasion for KBSV to review its performance in 2024 and present strategic directions for 2025, emphasizing sustainable development and enhancing its competitive edge.

At the meeting, shareholders ratified three key reports including: Report on business results in 2024 and operation direction in 2025; Report of the Board of Directors (BOD) in 2024 on the performance of the BOD and BOD members; Report of the Board of Supervisors (BOS) on the company's business results, performance of the BOD in 2024 and self-assessment report of the BOS.

Despite a challenging market landscape in 2024, KBSV maintained stable operations and demonstrated proactive adaptation. The company recorded net revenue exceeding VND 1,032 billion and post-tax profit of VND 208.3 billion. As of year-end 2024, total assets reached VND 8,490 billion, reflecting effective investment portfolio restructuring focusing on secure, income-generating assets.

In addition, 2024 marked another year of notable achievements for KBSV in both domestic and international arenas. The company was honored for the third consecutive year in the “Corporate Excellence” category at the Asia Pacific Enterprise Awards. KBSV was also recognized among the Top 7 securities firms with leading ESG practices in the “2023 ESG Scoring” initiative. Furthermore, the company was named among Vietnam’s Top 100 Sustainable Businesses at the CSI 2024 Awards—an affirmation of its sustainable growth, operational excellence, and sound strategic vision.

At the General Meeting, shareholders passed many important proposals such as the profit distribution plan, dividend plan, charter capital increase from equity capital (reserve fund to supplement charter capital) to strengthen business operations, and the completion of senior personnel in the Board of Supervisors. All were voted with a high consensus rate, demonstrating shareholders' confidence in the company's strategic direction.

With the unanimous consensus and positive outlook, the 2025 Annual General Meeting of Shareholders concluded successfully. Moving forward, KBSV remains committed to fulfilling its business objectives, delivering increasing value to shareholders and clients, and further strengthening its brand position in the securities market.

The official minutes and resolutions of the meeting will be published on the company’s website at: Link