Tuesday, 07/07/2015 15:57

HAG: HAGL changes the plan for share buyback

On July 05, 2015, the Board of Directors of HAGL Joint Stock Company decided to change the plan for share buyback that was approved by the Board on May 13, 2015. Accordingly, HAGL will temporarily stop buying 10,000,000 shares (the estimated trading period: from June 10, 2015 to July 09, 2015).

To ensure the long-term capital source for projects, the Board of Directors of HAGL Joint Stock Company has negotiated with bondholders to extend the maturity date of bonds. However, during the negotiation process, the two sides decided to temporarily stop the share buyback in order to use the capital source to invest in business projects.

HOSE

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