Novaland Real Estate Group Corporation ( Novaland , stock code: NVL) has just announced additional information to the documents submitted to the 2025 annual general meeting of shareholders. In particular, this enterprise proposed a plan to issue shares under the employee stock option program (ESOP), replacing the share issuances that could not be implemented in the past 3 years due to unfavorable market conditions.
A project of Novaland in Ho Chi Minh City.
According to the proposal, Novaland will issue additional shares to increase its charter capital to VND20,476 billion. The issuance is expected to be carried out in 2025 through two forms: issuing bonus shares from surplus capital and issuing shares under the ESOP program. Both options have an expected issuance rate of 2.5%, equivalent to about 48.75 million shares in each batch, with a par value of VND10,000/share.
Novaland's Board of Directors affirmed that the issuance of ESOP shares is not only a form of gratitude to employees but also an important strategy to strengthen internal cohesion, attract and retain high-quality human resources - especially in the context of the enterprise promoting recruitment with the goal of expanding its human resources to more than 1,000 positions in 2025.
Previously, in the 2025 annual report, Novaland Chairman of the Board of Directors, Mr. Bui Thanh Nhon, affirmed that Novaland would restructure and believed it would be successful.
Accordingly, Mr. Nhon said that in 2024-2025, Novaland will continue to face difficulties and challenges as the global economy continues to fluctuate, but that is an opportunity to create good products....
"Novaland aspires to become a national corporation with the core spirit of national entrepreneurship that must be resilient and determined not only to recover but also to reposition itself to enter an era of strong growth. We have full basis and confidence that Novaland will succeed" - Mr. Bui Thanh Nhon affirmed.
A matter of concern at present is that the price of NVL shares on the market is fluctuating at over VND9,600, lower than the par value of the ESOP issuance. This raises questions about the level of response from the staff, as well as the potential impact of ESOP on the stock price in the near future.
Many experts believe that if the general meeting of shareholders approves the issuance plan and employees agree to participate, NVL shares are completely capable of recovering and exceeding the par value of VND10,000, thanks to positive expectations from within the business.
Source: https://nld.com.vn/co-phieu-gia-9600-dong-mot-cong-ty-bat-dong-san-muon-ban-cho-nhan-vien-10000-dong-196250418143041791.htm
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