Maybank Kim Eng doubles its charter capital

Maybank Kim Eng Securities Limited Company announced yesterday that it had doubled its charter capital from VND300 billion (US$14.2 million) to VND615 billion ($29.14 million).

This is the second time that the company has raised its charter capital since it began operations in Viet Nam in April 2008.

In addition to becoming in January the first securities firm in Viet Nam that is 100 per cent foreign owned, the increase in charter capital is an important step for the company to achieve its vision of becoming the leading securities company in Viet Nam as well as a regional financial powerhouse, the company says.

vietnamnews

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