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Update news HAGL Group
Vietnamese agricultural company HAGL Agrico remains heavily indebted after more than eight years of restructuring, with its auditor flagging material uncertainty over its ability to continue as a going concern.
Despite bananas and durians already generating trillions of dong in annual profits, Doan Nguyen Duc, widely known as Bau Duc, says Arabica coffee will become HGI’s largest crop and reshape the company’s revenue structure within the next two years.
Overcoming legal bottlenecks and applying an "industrial discipline" mindset, THACO AGRI has transformed vast, neglected lands into agricultural complexes.
Responding to a letter from Doan Nguyen Duc (Boss Duc), Truong Hai Group chairman Tran Ba Duong committed VND2 trillion to the restructuring of Hoang Anh Gia Lai, which was struggling financially.
Doan Hoang Nam registers to buy 27 million HAG shares as his father sells 25 million.
Doan Nguyen Duc, Chairman of Hoang Anh Gia Lai (HAG), has spent approximately USD 5.3 million to acquire 10 million HAG shares as the company reports a strong recovery in its financials and continues to reduce debt.