Ms. Doan Hoang Anh, daughter of Mr. Doan Nguyen Duc (Bau Duc), Chairman of the Board of Directors of Hoang Anh Gia Lai Joint Stock Company (HAGL, code HAG) has just announced that she has completed the purchase of 2 million shares, from September 10-18.

After the transaction, Ms. Hoang Anh increased her ownership ratio at HAGL to 13 million shares, equivalent to 1.23% of charter capital.

With the closing price of HAG shares on September 18 at VND10,550/share, the total value of shares that Mr. Duc's daughter is holding at HAGL is more than VND137 billion.

According to statistics, the average trading price of HAG shares during the time Ms. Hoang Anh bought was 10,500 VND/share. It is estimated that Ms. Hoang Anh had to spend about 21 billion VND to complete this transaction.

Ms. Hoang Anh is the first daughter of Mr. Doan Nguyen Duc. Ms. Hoang Anh was first known to investors as a shareholder of HAGL in August 2021 when she spent nearly 21 billion VND to buy 4 million HAG shares. A month later, Ms. Hoang Anh increased the number of shares she owned to 8 million units.

Earlier this year, Ms. Hoang Anh had two successful order matching transactions of millions of HAG shares. Specifically, on January 19, she completed the purchase of 1 million shares, estimated at about 14 billion VND, and then on February 15, Ms. Hoang Anh sold 2 million shares.

In May, she bought 2 million shares again, increasing the number of shares from 9 million to 11 million. At this time, the price of HAG shares fluctuated around 13,200 VND/share. It is estimated that Ms. Hoang Anh had to spend nearly 26.5 billion VND.

In 2020, Mr. Duc's daughter surprised the business world when she and Mr. Vo Quoc Loi, son of Mr. Vo Quoc Thang (Mr. Thang), opened the Ong Bau coffee chain. At that time, this coffee chain had a charter capital of 100 billion VND, Ms. Hoang Anh held 24.5%.

Mr. Doan Nguyen Duc once declared in 2023: "The company name Hoang Anh is my daughter's name, I will never abandon it."

Revealing Bau Duc's income at HAGL, the female tycoon from the mountain town receives a very low salary . Bau Duc was "paid" 1.2 billion VND by Hoang Anh Gia Lai in the first half of the year, while the female tycoon from the mountain town Nguyen Thi Nhu Loan only received 11 million VND/month.