According to disclosed information, Doan Nguyen Duc (Bau Duc), Chairman of the Board of Directors of Hoang Anh Gia Lai Joint Stock Company (HAGL), has registered to purchase an additional 4 million HAG shares through order matching on the stock exchange from 25/5 to 23/6.
Following the transaction, Mr. Duc's stake in the company is projected to rise from 25,09% to approximately 25,4% of the charter capital, equivalent to nearly 322 million shares.
This marks Bau Duc's third registration to purchase HAG shares since the start of 2026. He previously completed two separate purchases, acquiring 4 million and 5 million shares respectively. If this latest transaction is successful, his total additional HAG share purchases for the year will amount to 13 million units.
At the close of trading today, HAG shares were priced at 15.450 VND per share, a slight decrease from yesterday.
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Doan Nguyen Duc, Chairman of the Board of Directors of Hoang Anh Gia Lai. *Photo: Duc Dong* |
Currently, 13 individuals associated with Bau Duc hold HAG shares, collectively owning approximately 30,25% of HAGL's charter capital. Doan Hoang Nam, Bau Duc's son, is the largest individual shareholder among them, with about 52 million HAG shares. Doan Hoang Anh, Mr. Duc's daughter, holds approximately 13 million shares.
At the shareholders' meeting in April, Bau Duc stated his intention to continue acquiring HAG shares. He also mentioned preparing resources for a plan to develop 20.000 hectares of coffee, with an estimated total investment of 14.000-15.000 billion VND, to be funded through retained earnings, initial public offerings (IPOs) of subsidiaries, and capital mobilization at the parent company.
In 2025, HAGL reported net revenue of 7.440 billion VND, an increase of nearly 29%, and after-tax profit of 2.243 billion VND, more than doubling. In Quarter I, the company continued its strong performance, recording a profit of 1.172,6 billion VND, which is more than three times higher than the same period last year and represents nearly 28% of its annual target.
HAGL is also advancing initial public offerings (IPOs) for its subsidiaries to generate capital for the coffee project. Notably, the project management company in Laos could go public as early as Quarter II, provided market conditions are favorable.
Thi Ha
