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HNG: Information on cooperation between HAGL Agrico and THACO

Aug 14th at 11:30
14-08-2018 11:30:50+07:00

HNG: Information on cooperation between HAGL Agrico and THACO

On August 03, 2018, Truong Hai Auto Corporation (THACO) signed the strategic cooperation agreements with Hoang Anh Gia Lai International Agriculture Joint Stock Company (HAGL Agrico) for the long term strategic development, specifically as follows:

-       THACO and shareholders owns 35% capital of HAGL Agrico with total investment capital will more than VND3,800 billion.

-       THACO commits that the company will restructure the loans, and to mobilize the investment capital in the care of the area planted with fruit trees, to expand the area of fruit trees from 12,000 ha up to 30,000 ha in 2019 and 2020 including the banana, dragon fruit and green grapefruit, orange, mango, longan, jack-fruit, tangerines, durian…

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