BAF Việt Nam acquires livestock company in Quảng Trị

BAF Việt Nam acquires livestock company in Quảng Trị

BAF Việt Nam Agriculture JSC (HoSE: BAF) has approved the acquisition of a 100 per cent stake in Gia Hân Production and Trading Co Ltd, a pig farming and breeding company based in the central province of Quảng Trị.

The acquisitions underscore BAF's ongoing efforts to strengthen its integrated livestock value chain and expand its farming operations nationwide. — Photo thuonghieucongluan.com.vn

According to the company's disclosure, Gia Hân has a charter capital of VNĐ110 billion (approximately US$4.2 million) and is headquartered in Tuyên Bình Commune.

Upon completion of the transaction, BAF will own the entire charter capital of Gia Hân, equivalent to a total investment value of VNĐ110 billion.

To facilitate the acquisition, BAF's Board of Directors has authorised Chief Executive Officer Bùi Hương Giang to oversee and execute all necessary procedures in accordance with legal regulations while ensuring the company's best interests.

Established in July 2007, Gia Hân specialises in pig farming and pig breeding, in line with BAF's strategy to expand its livestock production network.

The latest deal follows another investment approved by BAF earlier this year in Hùng Phát Farm Một Co Ltd, a livestock enterprise with charter capital of VNĐ216 billion. The company is headquartered in Pờ Tó Commune, Gia Lai Province.

Under the plan, BAF will acquire a 25 per cent stake in Hùng Phát Farm Một by making capital contributions worth VNĐ54 billion. Deputy Chief Executive Officer Trương Anh Tuấn has been appointed as the authorised representative to manage the investment on behalf of BAF.

The acquisitions underscore BAF's ongoing efforts to strengthen its integrated livestock value chain and expand its farming operations nationwide.

In a separate development, the Hồ Chí Minh Stock Exchange (HoSE) recently issued a reminder to BAF regarding the late disclosure of a board resolution.

According to HoSE, on May 27 it received the company's disclosure of Board Resolution No 20.05.2026/NQ-HĐQT, dated May 20, concerning plans to issue shares for dividend payments and to increase charter capital from shareholders' equity.

Under the provisions of Circular 96/2020/TT-BTC on information disclosure in the securities market, the resolution should have been disclosed within the prescribed timeframe. HoSE therefore reminded the company to strictly comply with information disclosure regulations going forward. 

Bizhub