INVESTMENT BANKING 
 
2018 HIGHLIGHTS
 
SSI Investment Banking once again affirmed its leading position in Vietnam Stock Market with many record deals, various forms of transactions such as Advisory on secondary offering and listing of Vinhomes Joint Stock Company (VHM - HOSE), Advisory on private placement and listing of Tien Phong Commercial Joint Stock Bank (TPB - HOSE), Advisory on private placement of The PAN Group (PAN - HOSE), Advisory on transaction structure and public offering agents of shares of Hau Giang Pharmaceutical Joint Stock Company (DHG - HOSE), Advisory on divestment of the State Capital Investment Corporation (SCIC) from the Binh Minh Plastics Joint Stock Company (BMP - HOSE). 
The revenue from the Investment Banking in 2018 stood at its highest level in recent years, reaching VND 125 billion.  
SSI Investment Banking has become a popular name for many prestigious awards at home and abroad. 
 
 
2018 PERFORMANCE
 
2018 recorded a memorable start when VN-Index surpassed the peak of 1,200 points for the first time after 10 years while large-scale IPO deals at regional level were successfully traded. However, the market experienced strong fluctuations in the second half of the year, causing capital mobilization activities of enterprises to show signs of slowing down, and affecting the global and domestic stock markets. Even so, in 2018, the SSI Investment Banking continued to affirm its leading position thanks to many transactions of record values carried out in different forms.
  
Some impressive deals of SSI in 2018: 
The co-advisors for secondary offering of shares of Vinhomes Joint Stock Company (VHM - HOSE) to foreign investors for a total sale revenue of over USD 1.35 billion - which is considered the biggest offer of stock sale to foreign investors in the history of Southeast Asian and Vietnam stock markets. This successful deal has earned SSI many prestigious awards such as “Best Bank in Vietnam for Equity Finance for Real Estate services” by Euromoney magazine; “Best IPO: Vinhomes US$1.35 billion IPO” at The Asset Triple A Country Awards 2018; “Best IPO: Vinhomes VND30.8 trillion ($1.349 billion) Initial Equity Offering” and “Best Vietnam Deal - Vinhomes VND30.8 trillion ($1.349 billion) Initial Equity Offering” at FinanceAsia Achievement Awards.  
 
Advisory on SCIC’s divestment from Binh Minh Plastics Joint Stock Company (BMP - HOSE) with a total transaction value of USD 103 million - SCIC’s largest divestment transaction among listed Companies in 2018.

 

Advisory on private offering of shares of Tien Phong Commercial Joint Stock Bank (TPB - HOSE), with a total value of over USD 94 million. Most investors are foreign organizations, including PYN Elite Fund, SBI Ven Holdings, etc. This is considered the second largest private offering of shares in the banking sector in 2018.

 

Advisory on private offering of shares of The PAN Group (PAN - HOSE) with a total value of USD 35 million. PAN’s partner in this issuance is Sojitz, a multidisciplinary Japanese corporation, which is a mutually beneficial cooperation aimed to improve Vietnamese agricultural products and foodstuffs, and market distribution both domestically and internationally.

 

Advisory on transaction structure and the agents in charge of public offering of shares of Hau Giang Pharmaceutical Joint Stock Company (DHG - HOSE) for Taisho Drug Manufacturing Joint Stock Company (Japan) with a total transaction value of USD 48 million.

 
Besides, understanding the demand for bond market in the context of year-end stock market adjustments, SSI continues to develop such products as Certificates of deposit and corporate bonds to be offered to institutional and individual customers. In 2018, SSI acted as an agent to issue Certificates of Deposit for Home Credit worth USD 153 million and acted as a bond issuance agent for Hochiminh City Housing Development Commercial Joint Stock Bank (HDB - HOSE ), Orient Commercial Joint Stock Bank (OCB), Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII - HOSE), The PAN Group (PAN - HOSE), Vietnam National Seed Corporation (NSC - HOSE) with a total issuance value of more than USD 210 million.