Bau Duc Transfers 25 Million HAG Shares to Son in a Transaction Exceeding 400 Billion VND

On August 22, Mr. Doan Nguyen Duc (Bau Duc), Chairman of Hoang Anh Gia Lai, sold 25 million HAG shares, reducing his ownership to 28.84% (equivalent to 304.9 million shares). He retains assets worth over 4.91 trillion VND. On the same day, his son, Doan Hoang Nam, successfully acquired 27 million HAG shares, marking his first ownership of 2.55% in his father’s company, worth over 400 billion VND. The trading price of HAG shares was recorded at 16,100 VND each. Moreover, the Ho Chi Minh Stock Exchange announced that HAG shares would no longer be on the warning list from August 26, 2025, as the company has improved its financial situation. In Q2 2025, Hoang Anh Gia Lai reported significant increases in revenue and profit, reaching 3.709 trillion VND and 824 billion VND, respectively, finally escaping accumulated losses after years.