The chairman of Hoang Anh Gia Lai Joint Stock Company (HAGL) successfully purchased 10 million HAG shares during the June 19 trading session, increasing his ownership from 30.26% to 31.2%. This transaction cost over 135 billion VND as 100 million HAG shares were transacted at a value of nearly 1,400 billion VND. Two other Board members are also set to buy 1 million shares each from June 23 to July 22. HAGL plans to hold its 2025 annual general meeting with a projected revenue of 5,514 billion VND, mainly from fruit. The company reported a net profit of 360.4 billion VND in Q1, a 59.2% increase from last year. HAGL aims to issue 210 million shares to handle bond debts, which may dilute shares; however, Mr. Duc is committed to mitigating this impact. Additionally, HAGL plans to issue 12 million bonus shares for employees.
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