According to HAGL, VNĐ1.3 trillion can be raised and used to partially or fully repay the principal and interest for HAGL''s obligations on previous bonds and the group''s debt restructuring.
Hoang Anh Gia Lai International Agriculture Joint Stock Company (HAGL Agrico or HNG) has set a net revenue target of VND1.89 trillion (US$82.2 million) this year, down 20 per cent compared to 2020.
At an extraordinary general meeting in HCM City last week shareholders of Hoang Anh Gia Lai Agriculture International JSC (HAGL Agrico) approved an increase in the company’s capital by VND7.414 trillion (US$323.06 million) by issuing 741.4 million shares to Truong...
Shares of Hoang Anh Gia Lai Agricultural JSC (HAGL Agrico) are only tradable in the afternoon starting on April 23 due to its two-year cumulative loss.
The Hoang Anh Gia Lai Agricultural JSC (HAGL Agrico) has opened a banana packaging plant in Cambodia and shipped its first batch of fresh bananas to China to meet growing demand, the Khmer Times reported last week.
During the same period, extraordinary expenses reached VND1.43 trillion as the company had to assess non-profitable assets and change its palm and rubber farms to fruit farms.
HAGL once held 100 per cent ownership in the real estate unit. In the third quarter of 2018, HAGL Land issued 125 million shares for VND13,414.63 ($0.58) per share in a private deal.
Agricultural group Hoang Anh Gia Lai (HAGL) still has the controlling stake in its member HAGL Agrico despite having reduced its ownership to below 50 per cent.