At the annual General Meeting of Shareholders on the morning of June 6, 2025, Hoang Anh Gia Lai Joint Stock Company (HAGL, stock code HAGL) proceeded to elect Members of the Board of Directors and the Supervisory Board for the new term of 2025-2023.
Along with the incumbents, a group of shareholders holding 11.47% of the charter capital (including Thaigroup Corporation, LPBank Securities Joint Stock Company, and Mr. Nguyen Phan Anh) nominated Mrs. Vu Thanh Hue for the position of HAGL’s Board member and Mr. Nguyen Tien Hung as a member of the Supervisory Board.
Mrs. Vu Thanh Hue currently serves as a member of the Board of Directors – Deputy General Director of Thaiholdings, as well as Chairman of the Board of Directors of Thaihomes Real Estate Development Joint Stock Company, Vice Chairman of LPBank Securities Joint Stock Company, and member of the Board of Directors of Kim Lien Tourism Joint Stock Company.
However, Mrs. Hue withdrew her nomination for the Board of Directors. Along with that, Mr. Nguyen Tien Hung also withdrew his nomination for the Supervisory Board.
The other nominated members of the Board of Directors for the term 2025-2030 include:
(1) Mr. Vo Truong Son (born in 1973), a member of the Board of Directors since 2015.
(2) Ms. Ho Thi Kim Chi (born in 1976), currently Deputy General Director of HAGL.
(3) Ms. Vo Thi My Hanh (born in 1977), member of the Board of Directors and Deputy General Director of HAGL since 2021.
(4) Ms. Ha Kiet Tran (born in 1986), currently Investment Director at Huong Viet Investment Consulting Joint Stock Company.
Ms. Tran was nominated by Mr. Doan Nguyen Duc as an Independent Member. Ms. Tran holds a Master’s degree in Finance and has worked at DongA Bank (2012-2014), Dong A Securities Company, OCB (2015-2017), and as CFO of Ofood Commercial Services Joint Stock Company (2017-2021).
Currently, she is the Capital Investment Director of Huong Viet Investment Consulting Joint Stock Company (Huong Viet Investment, appointed since 2021) and a member of the Supervisory Board of Century Fiber Joint Stock Company. Huong Viet Investmet is currently the largest shareholder, holding 93.37% of OCBS Securities Joint Stock Company (formerly known as VIS International Securities Company).
Huong Viet Investment is tending to become a holding company with some other notable investments such as a large shareholder in Century Fiber with a holding rate of over 20%, shares in Quoc Loc Phat – the investor of The Metropole Thu Thiem, and Prodezi Long An – the investor of La Home.
OCBS Securities Company also holds nearly 5 million HAG shares as of March 2025. Currently, the Chairman of OCBS is Mr. Vo Quang Long, who is also the General Director of Huong Viet.
OCB has started to appear in large transactions with HAGL recently. In the fourth quarter of 2024, OCB lent HAGL nearly VND 2,000 billion. In the first quarter of 2025, the loan balance increased to VND 2,213 billion.
The entire loan is short-term with an interest rate of 8.75%/year. The collateral for the loan includes 195 million shares of Livestock Gia Lai and assets related to the fruit tree farming and livestock project, more than 127 million HAG shares of Mr. Duc, and more than 345 million shares of Le Me Company.
The Passing of Mediplantex’s Central Pharmaceutical Company Chairman
The Board of Directors will convene to appoint a replacement in accordance with the Company’s Articles of Association, and further information will be disclosed once an official decision has been made.
The High-Level Personnel Changes at Billionaire Nguyen Thi Phuong Thao’s Airline
The Board of Directors will transition into a new role as Founding Members and Advisors of the company.
“HAGL Proposes Debt-for-Equity Swap with 210 Million Shares, Targets VND 1,114 Billion Profit”
This year, regarding fruit crops, there are no new investment plans. The focus is on maintaining and enhancing the existing areas, with an emphasis on nurturing and improving the current crops of bananas, durians, and macadamia nuts.
“HAGL Proposes Issuing 210 Million Shares to Swap Bond Debt, with a Focus on Fruit-Centric Business Ventures”
At the upcoming 2025 Annual General Meeting, HAG is expected to propose a plan to issue 210 million shares at VND 12,000 per share to swap bond debts with eight bondholders. These bondholders include several individuals who have lent the company billions of VND, ranging from tens to hundreds of billions.
“Bribery Scandal Taints VPG’s Leadership: Stock Plunges as Chairman’s Spouse Faces Charges”
After nearly 17 years, Vietnam Investment and Import-Export Trading Corporation (HOSE: VPG) unexpectedly appointed a new Chairman of the Board. This leadership change occurs amidst the recent indictment of the company’s founder, Nguyen Van Binh, on bribery charges. As a result, the Board of Directors has named Le Thi Thanh Le, Mr. Binh’s wife, as the new Chairwoman and legal representative of the company, effective June 3rd, 2025.
