Điện Máy Xanh plans VND 100 billion bond issue

Điện Máy Xanh Investment JSC (ticker: DMX) has approved a private placement of 1,000 bonds with warrants to 15 executives and key managers at the company and its joint ventures and affiliates. The offer price is VND 100 million per bond, for an expected total issue value of VND 100 billion. The offering is scheduled for the fourth quarter of 2026 through the second quarter of 2027.

The allocation list shows that DMX General Director Đoàn Văn Hiểu Em has been allotted 395 bonds, nearly 40% of the offering, while National Sales Director Quách Vĩnh Nam has been allotted 169, or about 17%. Together, they have been allotted 564 bonds, more than 56% of the offering. The plan is intended to link managers’ interests to the company’s business performance in the five years after it completes its initial public offering and listing, from 2026 to 2030.

Bond allocation information provided by DMX.（VietVance）

The bonds cannot be transferred during their term, except through inheritance or under an effective court judgment or ruling. The accompanying warrants cannot be transferred separately or detached from the bonds. The offering is limited to domestic investors, and shares issued upon exercise of the warrants will also be allocated only to domestic investors to comply with foreign ownership limits. If participants do not purchase all their allotted bonds within the registration and payment period, the board may allocate the remaining bonds to others on the original list at VND 100 million per bond.

The DMX board has also approved an interim cash dividend for 2026 of VND 2,000 per share, equivalent to a 20% dividend rate. Based on more than 1.26 billion outstanding shares, the company expects to pay about VND 2.535 trillion. The record date is December 10, 2026, the ex-dividend date is December 9, and payment is expected on December 24. Parent company Mobile World Investment JSC, which owns 85.96% of DMX, is expected to receive about VND 2.179 trillion.

Source: VietVance