AI-generated illustrations
Ms. Doan Hoang Anh has just sent a notice to the Securities Commission, HoSE and Hoang Anh Gia Lai Joint Stock Company (HAGL) about registering to sell 1 million HAG shares.
The daughter of HAGL chairman said the purpose of the transaction is to handle personal finances. The expected time of sale is from June 4 to July 3.
Ms. Doan Hoang Anh currently holds 14 million HAG shares, equivalent to 1.32% of HAGL's charter capital. If the deal is successful, her ownership ratio will decrease to 1.23%.
The move attracted attention because it was contrary to her previous investment strategy, when she continuously registered to buy HAG shares.
Most recently, Ms. Hoang Anh was unable to buy any of the 4 million HAG shares registered from April 14 to May 13, with the rather surprising reason of "unable to arrange personal finances".
Previously, she successfully bought HAG shares in the period from late 2024 to early 2025.
The report also said that Mr. Doan Nguyen Duc is currently the largest shareholder of HAG with nearly 320 million shares held, equivalent to 30.26%.
Combined, Mr. Duc and his son currently hold nearly 334 million HAG shares, accounting for about 31.58% of the charter capital of Hoang Anh Gia Lai Joint Stock Company.
Currently, HAG stock price fluctuates around 14,000 VND/unit, recording a sharp increase in less than two months. It is estimated that if the transaction is successful at this price range, Ms. Hoang Anh can earn about 14 billion VND.
In mid-April, when the entire market plummeted due to the US imposing reciprocal tariffs, HAG was also pushed down to only VND9,540/share, losing more than 23% within four sessions. Recently, this code has recovered.
Regarding business performance, the consolidated financial report for the first quarter of this year shows that HAGL's net revenue reached nearly VND1,380 billion, up 11% over the same period, and after-tax profit reached VND360 billion, up 59% over the same period.
Board of Directors candidate reveals Mr. Duc's new deal?
On May 16, HAGL announced that it would adjust the time to hold the 2025 annual general meeting of shareholders to June 6, instead of June 18 as previously.
According to the document, at this congress, HAGL will elect a new Board of Directors (BOD) for the 2025-2030 term. The list of candidates includes Mr. Doan Nguyen Duc (Bau Duc) - current Chairman of the Board of Directors - self-nominating for the company's leadership for the new term.
With 30.26% ownership of HAGL's charter capital, Mr. Duc also nominated a number of other individuals to complete the Board of Directors.
Mr. Duc's nomination list includes 3 familiar figures at HAGL, including Mr. Vo Truong Son - member of the Board of Directors since 2015; Ms. Ho Thi Kim Chi - Deputy General Director of HAGL; Ms. Vo Thi My Hanh - member of the Board of Directors and Deputy General Director of HAGL since 2021.
In addition, Mr. Duc also nominated Ms. Ha Khiet Tran to the Board of Directors - this is a completely new candidate, currently the director of capital investment at Huong Viet Investment Consulting Joint Stock Company.
In addition to Mr. Duc, the group of shareholders owning 11.47% of HAGL's charter capital - including Thaigroup Corporation, LPBank Securities Company (LPBS), and Mr. Nguyen Phan Anh - nominated Ms. Vu Thanh Hue to the position of member of the Board of Directors for the new term.
Source: https://tuoitre.vn/con-gai-bau-duc-quay-xe-sau-khi-khong-xoay-du-tien-mua-co-phieu-20250601175833536.htm
Comment (0)