According to information submitted to the State Securities Commission and HoSE, Ms. Vo Thi My Hanh, a Board Member and Deputy General Director of Hoang Anh Gia Lai, plans to sell over 91,3 million HNG shares. This amount represents 8.24% of the company's charter capital.
The transaction is scheduled to take place via negotiated method between 8/1 and 6/2. If completed, Ms. Hanh will no longer hold any shares in the agricultural enterprise.
This divestment comes as Hoang Anh Gia Lai International Agriculture Joint Stock Company (HNG) continues to face financial challenges. In Q3, the company reported revenue of approximately 215 billion VND, an increase compared to the same period last year. However, it incurred a post-tax loss of about 119 billion VND, primarily due to significant financial costs. For the cumulative 9-month period, net revenue reached 431 billion VND, an increase of nearly 50%, but the net loss amounted to approximately 378 billion VND, pushing cumulative losses to nearly 9.800 billion VND by the end of September.
On the stock market, HNG shares have recently traded around 6.000 VND per share. This price reflects investor caution as the company continues to focus on fruit trees and agriculture following its restructuring process.
Hoang Anh Gia Lai International Agriculture Joint Stock Company was established in 2010. It was spun off from Hoang Anh Gia Lai's agriculture division when the parent company shifted its focus from rubber and oil palm to fruit trees and agricultural exports. After years of continuous divestment for financial restructuring, by 12/2025, Hoang Anh Gia Lai held only about 8.24% of HNG's charter capital, equivalent to over 91,3 million shares.
Thi Ha