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2 clusters · 2 sources · 26 days · First seen · Last updated

Hoang Anh Gia Lai subsidiary IPO

Overview

Hoang Anh Gia Lai (HAGL) subsidiary, Hoang Anh Gia Lai International Investment JSC (HGI), has received approval from Vietnam’s State Securities Commission for an initial public offering (IPO) of 18.8 million shares. This offering represents approximately 11.2% of the company’s equity.

The IPO aims to raise up to 1.139 trillion VND, with a set price of 60,600 VND per share. The capital is intended to supplement business operations, expand production capacity, facilitate financial restructuring, and settle company debts. Specific investments include agricultural supplies, seeds, and fertilizers.

HGI manages over 7,000 hectares of agricultural land in Laos, focusing on the cultivation of bananas, coffee, durian, and mulberry. Following the listing, the company plans to distribute cash dividends equal to 50% of annual profit for three consecutive years. Registration for the offering is scheduled to run from August 18, 2026, through September 7, 2026.

Entities

State Securities Commission of Vietnam · Hoang Anh Gia Lai JSC · HAGL Investment · Laos · Doan Nguyen Duc

Timeline

  1. 12 days ago

    [BUSINESS] 2 sources
    HAGL Investment announces 1.139 trillion VND IPO

    HAGL Investment plans to IPO 18.8 million shares at 60,600 VND each, aiming to raise 1.139 trillion VND for agricultural expansion and financial restructuring.

  2. about 1 month ago

    [BUSINESS] 2 sources
    Hoang Anh Gia Lai subsidiary HGI approved for 18.8‑million‑share IPO

    Vietnam's regulator approved an 18.8 million‑share IPO for Hoang Anh Gia Lai's subsidiary HGI, which manages 7,000 ha of farmland in Laos. HAG holds 84.4 % of HGI and aims to raise VND1.5 trillion, with plans a

Sources

cafebiz.vn · cafef.vn