TCBS to Complete TCEX Share Subscription in Q4 2026
According to recently disclosed information, the Board of Directors of TCBS has approved a plan to exercise its subscription rights to acquire over 1.6 million ordinary shares of TCEX in an upcoming capital increase issuance. Furthermore, if TCEX does not allocate all issued shares and continues to offer remaining shares to existing shareholders, TCBS reserves the right to subscribe to up to nearly 108.4 million additional shares.
At an issuance price of VND 10,000 per share, the total investment TCBS could inject into TCEX during this funding round is approximately VND 1,100 billion. Should the entire plan be completed, the securities firm will hold nearly 110 million shares of TCEX, representing 11% of TCEX’s charter capital.
These transactions are expected to be completed in the fourth quarter of 2026. Additionally, in a resolution dated November 5, TCBS decided to transfer the management rights of its entire capital contribution in TCEX. Accordingly, Mr. Nguyen Xuan Minh, Chairman of the TCBS Board of Directors, will replace Ms. Nguyen Thi Thu Hien in this position.
This capital raise coincides with TCEX accelerating its efforts to meet market entry conditions for Vietnam’s cryptocurrency sector. On October 23, the company’s application for Level-4 Information System Security Certification was evaluated and approved by the Department of Cyber Security and High-Tech Crime Prevention under the Ministry of Public Security, under Official Dispatch No. 5490/BCA-A05 issued on October 12. Prior to this, TCEX’s application had passed the first-round evaluation by the Ministry of Finance in May 2026, confirming its full compliance with relevant requirements.
Beyond capital contribution, TCBS is also directly supporting TCEX’s infrastructure development. At the end of May 2026, the TCBS Board of Directors approved a plan to transfer assets worth nearly VND 50 billion intended for trading floor construction to TCEX.（Vietnam crypto exchange）
The continued share subscription demonstrates that while consolidating its traditional securities business, TCBS is actively expanding into the cryptocurrency space. This represents one of the new strategic growth directions highlighted during the listing of TCX shares on the Ho Chi Minh City Stock Exchange (HOSE) and mentioned at its 2026 Annual General Meeting of Shareholders.