What does Vĩnh Hoàn’s subsidiary want to raise nearly VND 465 billion for?

Sa Giang Import-Export Joint Stock Company (SGC) has approved a resolution to issue over 7.1 million shares to the public to increase its charter capital from nearly VND 71.5 billion to nearly VND 143 billion. The issuance will be executed at a rate of 1:1, where existing shareholders can buy one new share for each share they hold. SGC expects to raise approximately VND 464.6 billion from this issuance at a price of VND 65,000 per share. The entire amount will be invested in Hoàn Ngọc Agricultural and Food Products Joint Stock Company to implement the project of producing and processing agricultural food. Hoàn Ngọc was established in April 2025 with a charter capital of over VND 145.8 billion, specializing in producing ready-made meals. SGC, a subsidiary of Vĩnh Hoàn, is currently reporting revenue of VND 531.6 billion and after-tax profit of VND 94.5 billion for the first 9 months of 2025.