Home Companies Capital Increase - M&A

HNG: Report on the suspension of stock issue

Jul 30th at 17:01
30-07-2021 17:01:48+07:00

HNG: Report on the suspension of stock issue

On July 27, 2021, Hoang Anh Gia Lai Agricultural Joint Stock Company (stock code: HNG) sent a document to HOSE to explain the suspension of stock issue at the Company as follows:

            According to the resolution of general meeting of shareholders dated June 04, 2021, shareholders allowed Truong Hai Agriculture Joint Stock Company (short name: THAGRICO) to invest 741,446,105 HNG shares by two methods: (i) HNG issues 550,000,000 shares to swap the debt worth VND5,500,000,000,000 at THAGRICO; and (ii) HNG privately issues 191,446,105 shares to THAGRICO to raise capital for debt repayment.

            However, on July 02, 2021, HNG received an official document from the State Securities Commission suspending the review of dossier of private placement for debt swap due to the time limit for supplementing the dossier. At the same time, HNG received a document from THAGRICO announcing the suspension of investment of 741,446,105 HNG shares.

On July 13, 2021, the Board of Directors of Hoang Anh Gia Lai Agricultural Joint Stock Company issued Board Resolution No.13/2021 to stop the plan for offering, issuing 741,446,105 HNG shares to THAGRICO. The information was posted on HNG’s website and reported to the State Securities Commission.

HOSE

RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Hydropower firm (VSH) to raise capital
CAPITAL INCREASE - M&A Dec 26th at 18:45

Hydropower firm (VSH) to raise capital

Vinh Son-Song Hinh Hydropower Plant JSC (HoSE: VSH) on January 8 will wrap up the list of shareholders to sell 30 million shares for VND10,000 (US$0.43) apiece.

$210 million mobilised via October 28 G-bond auction
CAPITAL INCREASE - M&A Oct 30th at 10:03

$210 million mobilised via October 28 G-bond auction

A total of VND4.87 trillion (US$210 million) was mobilised for the State Treasury through a Government bond auction at the Ha Noi Stock Exchange (HNX) on Wednesday.

SSI increases charter capital to $259.3 million with bonus share issue
CAPITAL INCREASE - M&A May 13th at 08:07

SSI increases charter capital to $259.3 million with bonus share issue

SSI Securities Corporation has increased its charter capital to over VND6.029 trillion (US$259.3 million), 1,001 times the capital it had at the time of...

BIDV (BIC) charter capital Vietnam’s highest following stake sale
CAPITAL INCREASE - M&A Nov 4th at 09:44

BIDV (BIC) charter capital Vietnam’s highest following stake sale

State-owned BIDV has become the largest bank by charter capital in Vietnam after selling a 15 percent stake to  South Korea's KEB Hana Bank.

Saigon Water (SII) to sell 37 million shares to raise charter capital
CAPITAL INCREASE - M&A Jun 8th at 21:32

Saigon Water (SII) to sell 37 million shares to raise charter capital

Saigon Water Infrastructure Corporation (SII) has approved a plan to issue 37.42 million shares to existing shareholders to increase its charter capital.

Vietcombank’s (VCB) charter capital reaches US$1.6 billion
CAPITAL INCREASE - M&A Jan 29th at 08:31

Vietcombank’s (VCB) charter capital reaches US$1.6 billion

The charter capital of Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) has increased by 3 per cent to VND37.1 trillion (US$1.6 billion)...

SHS to sell nearly 102 million shares to raise capital
CAPITAL INCREASE - M&A Dec 28th at 08:36

SHS to sell nearly 102 million shares to raise capital

Sai Gon-Ha Noi Securities JSC (SHS) plans to issue more than 101.8 million shares to provide funding for its business activities and double its charter capital.

Techcombank (TCB) to increase charter capital to US$1.53 billion
CAPITAL INCREASE - M&A Jun 17th at 14:13

Techcombank (TCB) to increase charter capital to US$1.53 billion

The Viet Nam Technological and Commercial Joint Stock Bank (Techcombank) on Thursday held an extraordinary shareholders’ meeting to approve a plan to supplement its...

South Korea's SK, Japan's Idemitsu in line to buy stake in Vietnam's PVOIL
CAPITAL INCREASE - M&A May 24th at 14:26

South Korea's SK, Japan's Idemitsu in line to buy stake in Vietnam's PVOIL

PetroVietnam Oil Corp is in talks to sell a 44.72 percent stake to strategic investors later this year, after its $184 million initial public offering in January...

Saigon Reai Estate (SGR) to lift charter capital
CAPITAL INCREASE - M&A Apr 4th at 09:33

Saigon Reai Estate (SGR) to lift charter capital

Saigon Real Estate Joint Stock Company (HOSE: SGR) has asked its shareholders to approve plans to increase charter capital from VND396 billion to VND555.4 billion...

Read More

NEW STOCKS

MOST READ

Back To Top