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HAG Ventures into Equity Swap: A Bold Move to Convert $100 Million Debt into...
The HAG Board of Directors has approved a plan to issue shares to partially redeem a debt related to the "Bonds issued by Hoang Anh Gia Lai Joint Stock Company on December 30, 2016 - Group B". As of December 31, 2024, this bond issue carries a principal debt of VND 2,000 billion and accrued interest of VND 1,937 billion.
The City of Binh Duong Trials Run in Central Ward Before District-Free Elections
The province of Binh Duong has undergone a significant transformation with a reduction in the number of wards and communes from 91 to 36. In a strategic move, the wards of Hoa Phu, Phu Tan, Phu My in Thu Dau Mot City, and Phu Chanh in Tan Uyen City have been merged to create a vibrant central ward named Binh Duong. This newly formed ward will be a bustling hub, with the administrative offices of the former Hoa Phu and Phu My wards serving as the operational base for Binh Duong ward's officials, set to commence operations on June 15th.
The Tax Authority Warns Against the Practice of “Cash-Only” Businesses: A Red Flag for...
"The practice of displaying signs that say 'cash only' or providing vague transfer instructions such as 'repaying borrowed money', 'coffee money', or 'delivery fee' can create challenges for authorities in verifying revenue and assessing accurate tax liabilities. While businesses may engage in this behavior to potentially reduce their tax obligations, it can also raise suspicions of intentional revenue concealment."
