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Oct 28, 2009

HAG to allocate bonus shares at a ratio 2:1

VNStockNews.com - Hoang Anh Gia Lai Joint Stock Co (coded HAG) lately announced that November 10 would be the registration deadline to close the list of shareholders for allocating bonus shares with the rate of 2:1. The ex-interest rate session would be November 6.

Ernst & Young Vietnam Co has already finished the auditing work on Hoang Anh Gia Lai Group (HAGL)'s combined financial reports for the first nine months of the year since October 23.

Accordingly, the combined pre-tax profit in Jan-Sep was posted at 1.252 trillion dong, equal to 74% of the adjusted year plan— the second time of 1.7 trillion dong, after tax profit of 937 billion dong and EPS of 4,842 dong per share.

Up to Sep 30, the total debt of the group was 3.424 trillion dong, ownership capital of 4.546 trillion dong and the group's total asset value of 10.246 trillion dong.

As for the capital circulation, the net working capital from sales activities was estimated at 648 billion dong, total capital for investment projects of 858 billion dong and net income from trading fund shares of 218 billion dong and dividend payment of 270 billion dong.

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