Wednesday, April 06 2011
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HAGL primarily operates in real estate, rubber plantations, iron ore mining, hydropower and manufacturing; has expanded its activities throughout Vietnam and into the neighbouring states of Laos and Cambodia. HAGL exports its products throughout Asia, Europe and the Americas.
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Deutsche Bank Trust Company Americas has been appointed as a depositary bank for the London Stock Exchange-listed Global Depositary Receipt (GDR) programme of Hoang Anh Gia Lai (HAGL).
HAGL is currently one of the largest private sector companies, by market capitalisation, listed on the HoChiMinh Stock Exchange. HAGL primarily operates in the following business sectors: real estate, rubber plantations, iron ore mining, hydropower and manufacturing. Originally focused in the Gia Lai province of Vietnam, HAGL has expanded its activities throughout Vietnam and into the neighbouring states of Laos and Cambodia. HAGL exports its products throughout Asia, Europe and the Americas.
Elara Capital acted as Lead Manager and book-runner and Sacombank Securities Joint Stock Company acted as Vietnamese financial adviser on the transaction.
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