Hoa Phat Agriculture announced the initial public offering of 30 million shares.Established in 2016, HPA at the latest had a charter capital of VND2,550 billion, operating mainly in the field of animal feed production, pig, cow and poultry farming. Main products include HP Feed and BigBoss branded animal feed; breeding pigs and commercial pigs; Australian beef; and clean chicken eggs. The company operates according to a closed value chain model from feed production to farms, headquartered in Pho Noi A Industrial Park, Nguyen Van Linh Commune, Hung Yen Province.
In terms of market share, Hoa Phat Agriculture is currently in the Top 10 largest pig farming enterprises in Vietnam, Top 13 largest animal feed production enterprises, leading in clean egg production in the North and whole Australian beef.
In this round, the company offered 30 million common shares, all newly issued shares at 41,900 VND per share. The total expected mobilization value reached 1,257 billion VND. Vietcap Securities Joint Stock Company is the official distributor in the IPO plan of Hoa Phat Agricultural Development Joint Stock Company.
Investors register to buy a minimum of 100 shares and a maximum of 14.25 million shares (equivalent to no more than 5% of charter capital after the offering). The number of shares registered to buy must be a multiple of 100. When registering, investors deposit 10% of the registered purchase value. All detailed instructions on the time and procedures for registering to buy will be published on the websites of Hoa Phat Agricultural Development Joint Stock Company (nongnghiep.hoaphat.com.vn) and Vietcap (vietcap.com.vn). HPA shares are expected to be listed on the Ho Chi Minh City Stock Exchange after the issuance is completed.
Listing shares helps increase transparency, reputation and access to secondary capital, supporting the growth strategy of a closed agricultural chain. Specifically, the mobilized capital is used to improve financial capacity, restructure capital sources, repay debt and interest, supplement working capital and create resources to invest in future projects to build livestock farms and animal feed factories.
Details of the Company's announcement on the implementation of the initial public offering and listing registration are HERE .
Source: https://www.hoaphat.com.vn/tin-tuc/nong-nghiep-hoa-phat-thong-bao-chao-ban-30-trieu-co-phieu-lan-dau-ra-cong-chung.html






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