BAF Vietnam Agricultural Joint Stock Company (BAF: HoSE) has just announced a change in its personnel in Official Dispatch No. 101/TB-BAF.
Accordingly, BAF Vietnam has appointed Mr. Nguyen Van Minh as its new Deputy General Director, effective November 29, 2024. Mr. Minh did not hold any position at BAF Vietnam prior to this appointment.
Additionally, Mr. Ngo Cao Cuong, the company’s Chief Financial Officer, has been appointed to concurrently hold the position of Deputy General Director, also effective November 29, 2024.
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Mr. Ngo Cao Cuong, born in 1987, holds a Bachelor’s degree in Accounting and Auditing and was appointed as the CFO of BAF Vietnam on May 29, 2023.
With these appointments, the BAF Vietnam management board now comprises five members, including Ms. Bui Huong Giang, who is currently the company’s General Director.
In another development, BAF Vietnam recently announced Resolution No. 26/NQ-HĐQT dated November 22, 2024, regarding the approval of the acquisition of over 3.5 million shares, equivalent to 99.99% of the charter capital of Thanh Xuan Clean Agriculture Development Joint Stock Company.
The Board of Directors has authorized Ms. Bui Huong Giang, the company’s General Director, to decide on all matters and independently perform the necessary tasks for BAF Vietnam to own the above-mentioned shares in Thanh Xuan Clean Agriculture, including but not limited to negotiating, deciding on the content of the transaction, signing contracts, appendices, and other documents, and implementing the transaction.
Ms. Giang is also authorized to represent and manage BAF Vietnam’s shares in Thanh Xuan Clean Agriculture. During the implementation process, she is authorized to delegate individuals/organizations to perform tasks within her competence.
Previously, the company had acquired 49% of the charter capital of five livestock companies in Quang Tri province by purchasing 171,500 shares.
Specifically, BAF Vietnam received capital transfers from the following companies: Thanh Sen HT-QT Joint Stock Company, Hoang Kim HT-QT Joint Stock Company, Hoang Kim QT Joint Stock Company, Viet Thai HT Joint Stock Company, and Toan Thang HT Joint Stock Company. All of these companies are headquartered in Dong Ha city, Quang Tri province, and were established in 2021.
Furthermore, BAF Vietnam has also acquired 95% of the capital contribution at Khuyen Nam Tien High-Tech Livestock Company for a price of VND 47.5 billion. The company is headquartered in Village 10, Ea Kiet commune, Cu M’gar district, Dak Lak province.
