New Investors and Partnerships Fuel Hoang Anh Gia Lai’s Growth in 2021

Shares sold by Mr. Duc’s company generate VND 1,300 billion

Hoang Anh Gia Lai Joint Stock Company (HAG) has recently completed a successful private stock offering, raising 1,300 billion VND. The company announced that it sold 130 million individual shares to three investors: Mr. Le Minh Tam, LPBank Securities Company, and Thaigroup. Mr. Le Minh Tam purchased 28 million shares, LPBank Securities Company bought 50 million shares, and Thaigroup bought 52 million shares. The offering price per share was 10,000 VND.

Following the private stock offering, HAG also approved an amendment to its charter, increasing its capital from nearly 9,275 billion VND to almost 10,575 billion VND. This year has been a period of significant change for the company. In April, HAG changed its brand identity to colors closely resembling the LPBank logo. In March, LPBank injected 5,000 billion VND into HAG through a sponsorship contract focused on green agriculture. In November, a comprehensive cooperation agreement was signed between LPBank, the Football Academy, and HAG Football Club, resulting in the renaming of the Academy and Club to LPBank Football Academy – Hoang Anh Gia Lai and LPBank Football Club – Hoang Anh Gia Lai respectively.

In the upcoming year, HAG plans to expand by planting an additional 2

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