Temasek to invest $55m into HAG’s rubber sector

Singapore-based Temasek Group and Hoang Anh Gia Lai Group Joint Stock Co (HAG) have recently signed a principle deal whereby Temasek will invest $55 million in HAG’s rubber industry. Two signatories are discussing terms of a detailed contract which is expected to be finished in June, Vo Truong Son, HAG’s deputy general director in charge [...]

VPBank, HAGL cooperate to support home buyers

Vietnam Prosperity Joint Stock Commercial Bank (VPBank) and Hoang Anh Gia Lai Joint Stock Company (HAGL jsc) on January 11 signed a partnership contract to support HAG’s home buyers, the local newswire CafeF reported January 12. VPBank will lend up to 70% of house values to HAG’s home buyers for 15 years without any proof [...]

HAG shareholders approve overseas bond issue

Shareholders of the Hoang Anh Gia Lai Group, listed on the HCM City Stock Exchange as HAG, approved yesterday a plan to issue international callable bonds worth US$200 million early next year. They authorised the HAG executive board to select a suitable time for the issue. The issue will be carried out in the Singapore [...]

Temasek buys 1.1tr dong of HAG convertible bonds

On August 31, the Board of Hoang Anh Gia Lai JSC (HAG) handed convertible bond – owned certificate for potential investor with total value of 1.1 trillion dong. Accordingly, the firm sold 1.1 million convertible bonds at par to Northbrooks Investments (Mauritius) Pte Ltd, a unit of Temasek Holdings (Singapore). The money from the issuance [...]

Developer issues convertible bonds

Hoang Anh Gia Lai Group (HAGL) officially issued convertible bonds worth US$57.6 million to Northbrooks Investments (Mauritius) Pte Ltd, an affiliate of Singapore investment company Temasek Holdings in Ha Noi yesterday. Temasek will acquire 1,100 convertible bonds worth VND67,375 (US$3.45) each at an interest equivalent to the average rate for ACB, Sacombank, Techcombank and Eximbank, [...]

HAG to issues 19m shares and 1.1m bonds

Extraordinary shareholders’ meeting of Hoang Anh Gia Lai Joint Stock Company (coded HAG) announced to issue 1.1 million convertible bonds and 19 million ordinary shares for the company’s strategic partners. In details, the shareholders passed individual issuance of 1.1 million convertible bonds priced one million dong each and 19 million ordinary shares at minimum price [...]

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