Shareholders and the story of attending the general meeting season

GIa Miêu |

Many businesses have to give money to invite shareholders to attend and vice versa, some places have to cut cost support because the number of shareholders attending the general meeting is too large.

Military Commercial Joint Stock Bank (MB - stock code MBB) has just officially announced information about the organization of the 2026 Annual General Meeting of Shareholders (AGM). The General Meeting will be held from 7:30 AM on Saturday, April 18, 2026 at the National Convention Center, No. 57 Pham Hung, Tu Liem Ward, Hanoi.

In which, the bank has a clearer announcement about logistics preparation: "MB does not implement support for travel and lunch costs to shareholders as in recent years due to the large number of registrations". Meanwhile, at last year's general meeting, MBBank gave each shareholder directly attending 500,000 VND. MBB said it estimated to have spent about 2.2 billion VND to "pay tribute" to attending shareholders.

According to the 2025 annual report just released, Military Commercial Joint Stock Bank - MBBank (MBB) recorded a sharp increase in the number of shareholders to more than 200,000 people. In total, MB has added nearly 86,600 shareholders in 2025, becoming one of the banks with the largest number of shareholders in the market.

In which, the ownership structure still leans towards the organizational block when this group holds more than 77% of charter capital, while individual shareholders account for about 22.85%. Notably, the group of individual shareholders overwhelms in number with more than 207,000 investors.

Meanwhile, many businesses give money to shareholders even when they do not attend direct meetings. Before the Annual General Meeting of Shareholders scheduled to take place on April 28, Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII) sent an open letter with a noteworthy new point that shareholders only need to register to attend (directly or authorized) to receive money transferred from the company.

According to the ownership scale, for shareholders holding no more than 5,000 shares, the receipt level is 50,000 VND. But from this threshold and above, the "gratitude" amount is calculated according to the formula of the number of shares multiplied by 10,000 VND and then taking 0.1%, then rounded down to thousands. If converted to a specific number, the spending level is not small. An shareholder holding more than 2.23 million shares can receive more than 22.3 million VND just by completing the registration to attend the congress. The only condition is to register before 7:30 am on the meeting day.

In 2025, CII also gave money to shareholders attending the general meeting, but accompanied by a lucky element such as issuing lucky draw codes. The amount of money at that time was more uniform, not associated with the ownership scale. This year, the approach has changed. Instead of dividing equally or combining winning games, CII switched to the "hold more, receive more" mechanism, which directly links participation benefits to the number of shares.

CII has applied the form of "gratitude gifts" in cash for shareholders attending the general meeting for many years. Like before the extraordinary general meeting of 2023, shareholders were asked to fill in account information in invitation letters, and could even take photos and send them via text message to register to receive money. However, right before the meeting time, the company still had to speak out concerning not having enough attendance rates for the event to take place.

Similarly, the case of the Corporation for Investment and Development of Construction (DIC Group) also issued a notice that shareholders on the list of finalized shareholders to attend the 2026 Annual General Meeting of Shareholders (the ex-rights date is March 20) to authorize participation and directly vote for the Board of Directors members will receive gifts in cash.

In which, shareholders holding 2 million shares or more receive 20 million VND/person. Shareholders holding less than 2 million shares receive according to the formula: Number of shares exercised rights x 10 VND (for example, 1 million shares receive 10 million VND).

To receive gifts, shareholders will authorize attendance and voting for members of the Board of Directors for the 2023-2027 term, and send 2 original and valid power of attorneys to the Group before April 24, accompanied by a document "Confirming gift receiving information". DIG said it will transfer money immediately upon receiving the original and valid documents from shareholders.

This is not the first time DIG has given money to shareholders attending the congress. In 2024, after many unsuccessful congresses due to insufficient shareholder participation, the enterprise proceeded to give gifts to authorized voting shareholders.

GIa Miêu
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