Hoang Anh Gia Lai converts debt into equity at Thang Loi Gia Lai Company

Hoang Anh Gia Lai Joint Stock Company has just made a notable move by converting a debt of 300 billion VND into capital contribution at Hung Thang Loi Gia Lai Company Limited.

On October 13, Hoang Anh Gia Lai Joint Stock Company approved a Resolution on the plan to convert debt into capital contribution at Hung Thang Loi Gia Lai Company Limited.

Hoang Anh Gia Lai converts debt into equity at Hung Thang Loi Gia Lai.

Accordingly, Hung Thang Loi Gia Lai owes Hoang Anh Gia Lai Joint Stock Company VND 822,352,909,432 as of September 30, 2025.

Of which, the principal balance that Hoang Anh Gia Lai plans to use to convert into capital contribution at Hung Thang Loi Gia Lai is 300,000,000,000 VND. The remaining debt balance after completing the conversion of debt into capital contribution at Hung Thang Loi Gia Lai is 522,352,909,432 VND.

By converting 300 billion VND of debt into contributed capital, Hoang Anh Gia Lai has increased its total contributed capital at Hung Thang Loi Gia Lai (including previous contributed capital) to 1,569,300,000,000 VND, thereby gaining absolute control over Hung Thang Loi Gia Lai.

Hoang Anh Gia Lai's move to convert debt into equity at Hung Thang Loi Gia Lai is considered a step in preparation for a large-scale business plan in the agricultural sector.

In mid-September, Hung Thang Loi Gia Lai Company announced changes to the terms and conditions of the issued bonds. Accordingly, the decision will supplement information on contract appendices and business cooperation plans with Gia Lai Livestock JSC, Lo Pang Livestock JSC, Bolaven Sturgeon Seafood JSC and Phu Quy Gia Lai Agriculture JSC.

This is considered a move to restructure the business strategy when the Board of Directors of Hoang Anh Gia Lai approved the plan to develop 2,000 hectares of Arabica coffee in Gia Lai (Vietnam) and Champasak (Laos) with a total investment of more than VND2,000 billion.

In addition, the group will develop mulberry material areas and silkworm cocoon production on an area of ​​2,000 hectares in Gia Lai, Strungtreng (Cambodia), Attapeu and Champasak (Laos), with a total expected investment capital of VND1,343 billion. HAGL also expands investment in the aquaculture industry through a pilot sturgeon farming.

In that context, Hoang Anh Gia Lai's capital increase at Hung Thang Loi Gia Lai will create a foundation for opening up a large-scale development direction in the agricultural sector.

According to Minh Tam (SKDS)

Source: https://baogialai.com.vn/hoang-anh-gia-lai-chuyen-no-thanh-von-gop-tai-cong-ty-thang-loi-gia-lai-post569249.html