On 17/9, the State Securities Commission of Vietnam granted Miza a certificate to offer additional shares to the public. The company stated that the record date for shareholders is 1/10. The registration and transfer of purchase rights will take place from 7/10 to 17/10.
This issuance allows current shareholders to increase their ownership at a price lower than the market price. Miza will use all proceeds to pay off short-term and pre-mature debts, reducing short-term financial pressure and interest expenses. The additional capital will also improve the company's financial structure, lower the debt-to-equity ratio, increase liquidity, and create room for strategic investment plans.
 |
Representatives ring the opening bell for the MZG stock trading session of Miza Joint Stock Company. Photo: Miza |
Representatives ring the opening bell for the MZG stock trading session of Miza Joint Stock Company. Photo: Miza
According to company leaders, the capital increase will contribute to higher profit margins, strengthen the long-term profitability foundation, and increase resilience against market fluctuations in raw materials and interest rates. In the long term, the capital increase is expected to improve business efficiency and support the company's production expansion strategy. When the number 5 production line (PM5) comes into operation, the total packaging paper capacity will exceed 300,000 tons per year, helping Miza strengthen its competitive advantage in the domestic and regional high-quality recycled paper market.
 |
Miza Joint Stock Company's factory. Photo: Miza |
Miza Joint Stock Company's factory. Photo: Miza
This year, Miza aims for a revenue of 4,800 billion VND and a profit after tax of about 90 billion VND. By the end of the first half of 2025, Miza recorded net revenue of 2,314.5 billion VND, a 13.89% increase compared to the same period last year, equivalent to approximately 48.2% of the annual revenue plan. Profit after tax reached 47.6 billion VND, a 192.4% increase compared to the same period last year, and completed 52.8% of the full-year profit target.
This capital increase is also a step in preparation for Miza's listing on the HoSE in early 2026, as part of the company's long-term development strategy.
(Source: Miza)
