Bầu Đức's son makes his first public appearance.

(Dan Tri Newspaper) - Doan Hoang Nam, son of Chairman Duc, has registered to buy 27 million HAG shares for the first time. Meanwhile, Chairman Duc has registered to sell 25 million shares of the company he leads.

Mr. Doan Hoang Nam - son of Mr. Doan Nguyen Duc (Chairman Duc) - has registered to purchase 27 million HAG shares of Hoang Anh Gia Lai Joint Stock Company. The expected transaction period is from August 15th to September 13th.

For the first time, the son of Chairman Duc has appeared on the stock market. Previously, the market only saw transactions by Ms. Doan Hoang Anh, Chairman Duc's daughter.

According to the first-half management report, Ms. Hoang Anh owns 13 million HAG shares, representing 1.23%. In addition, Mr. Duc also has another son, Doan Hoang Nam Anh.

If this transaction is successful, Mr. Hoang Nam will own 2.55% of Hoang Anh Gia Lai's capital.

Mr. Duc, Chairman of Hoang Anh Gia Lai, also registered to sell 25 million HAG shares at the same time his son registered to buy them. It is expected that after the transaction, Mr. Duc's ownership stake will decrease from 31.2% to 28.84%.

Chairman Duc and his son register to buy and sell HAG shares (Photo: HAGL).

The transfer of shares between Mr. Duc and his son took place amidst a sharp increase in HAG's share price recently. Since the beginning of August, the stock has continuously increased from 14,100 VND/unit to 16,700 VND/unit, an increase of 18%. The current price is also the highest in 3 years.

Hoang Anh Gia Lai's business results have also improved recently. In the first half of the year, the group achieved a profit of 870 billion VND, an increase of 74% compared to the same period last year.

Thanks to strong business results, Hoang Anh Gia Lai has officially eliminated its accumulated losses that had lasted for many years. As of June 30th, the group's cumulative profit reached nearly 400 billion VND. Chairman Duc had previously hoped to resolve all debts and that the group's financial report at the end of this year would be "extremely impressive".

Source: https://dantri.com.vn/kinh-doanh/con-trai-bau-duc-lan-dau-lo-dien-20250813093046287.htm