Taseco Group to increase stake in Taseco Land

Taseco Group has announced plans to purchase an additional 6 million shares of Taseco Land (TAL), aiming to increase its ownership stake from 60% to 61.19%. The transaction, estimated to cost approximately 136 billion VND at current market prices, is expected to be conducted via agreement or order matching between October 5 and November 3, 2026.

Separately, Taseco Land has approved an Employee Stock Ownership Plan (ESOP) to issue 10 million shares to its board members, management, and employees at a price of 10,000 VND per share. This move is intended to raise 100 billion VND and serve as an incentive to retain key personnel. The shares will be subject to a 12-month transfer restriction.

Additionally, Taseco Land plans to establish Taseco Kim Bang Industrial Park JSC with a charter capital of 420 billion VND, in which Taseco Land will contribute 273 billion VND, representing a 65% stake.