Hoang Quan Real Estate Consulting Trading Service Joint Stock Company (stock code: HQC) has decided to temporarily suspend its plan to issue 50 million private shares at 10,000 VND per share to convert 500 billion VND of debt. The reason for the suspension is the company’s need to adjust and update additional information in the issuance registration documents. This is part of a plan to improve financial stability, reducing costs and increasing equity from 5,766 billion VND to 6,266 billion VND. If the issuance succeeds, 4 creditors will convert debt into shares. As for the 2025 business results after 9 months, net revenue increased by 12.8% to nearly 51 billion VND, while net profit fell by 32% to over 18.1 billion VND. As of September 30, 2025, total assets decreased by 2.3% to nearly 9,872 billion VND.
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