On the morning of November 9, 2026, HGI shares of Hoang Anh Gia Lai International Investment Joint Stock Company officially had their first trading session on the UPCoM trading system. The event marks an important milestone in the Company’s journey after 10 years of establishment and expansion, while opening a new phase of development in the capital market.
Under Decision No. 1307/QĐ-SGDHN dated October 29, 2026 of the Hanoi Stock Exchange (HNX), 187.3 million HGI shares were approved for trading registration on the UPCoM, corresponding to a charter capital of VND 1,873 billion. The reference price for the first session was VND 60,600 per share, equivalent to a market capitalization of approximately VND 11,350 billion.

Leaders of Hoang Anh Gia Lai International Investment JSC and OCBS Securities JSC at the gong-striking ceremony celebrating the first trading session of HGI shares on UPCoM, November 9, 2026.
Speaking at the event, Ms. Vo Thi My Hanh, Director of Hoang Anh Gia Lai International Investment Joint Stock Company, said: “Bringing our shares to trading on the UPCoM system is not a starting point, but the next step in our development after the process of building our production and business foundation. Today’s event marks a new step forward in enhancing transparency, standardizing corporate governance and expanding opportunities to connect with the investor community.”
A representative of OCBS Securities Joint Stock Company, HGI’s comprehensive advisor, shared: “Having accompanied HGI from the IPO preparation stage to today’s first trading session, OCBS recognizes the Company’s efforts in standardizing governance and information transparency. OCBS will continue to accompany HGI on its development path in the capital market, including the goal of listing on HOSE in 2027.”
The official trading of the shares on UPCoM follows the initial public offering (IPO), taking HGI a step further on its capital market development roadmap. It is also an occasion for the Company to look back on its journey of establishment, building up production capacity and laying the operational foundation in the agricultural sector.
A solid foundation for a new phase of growth
HGI currently directly manages nearly 8,000 hectares of raw material areas, focusing on key crops such as bananas, durians, coffee, macadamia and mulberry. By 2028, HGI’s cultivation area is expected to expand further to 2,365 hectares of bananas, 1,770 hectares of durians and 6,300 hectares of coffee.
For the first nine months of 2026, the Company’s consolidated net revenue reached VND 3,535 billion and consolidated profit after tax reached VND 1,129 billion, equivalent to 62.19% of the 2026 profit after tax plan of VND 1,815 billion.
Notably, on November 6, 2026, just before its first trading session on UPCoM, HGI’s Board of Directors approved a 2026 interim cash dividend at a rate of 7%, equivalent to VND 700 per share. With 187.3 million shares outstanding, the total expected payout is approximately VND 131 billion. This interim payment is part of the 2026 cash dividend plan with a total rate of 50%, equivalent to VND 5,000 per share, approved by the 2026 Annual General Meeting of Shareholders.
Alongside developing its raw material areas, HGI is gradually expanding its sales markets through cooperation with international partners. Recently, the Company signed a long-term Memorandum of Understanding (MOU) with MQ Coffee, a specialty coffee chain headquartered in Shanghai, China. On the basis of this MOU, HGI has signed a contract to supply 1,000 tonnes of coffee to MQ Coffee, with delivery expected in early 2027. The two parties also aim to increase the trading volume to approximately 5,000 tonnes per crop year in the following years.
This cooperation is expected to help establish stable sales channels for coffee products, expand export markets, and increase added value throughout HGI and HAGL’s coffee production and business value chain.
From IPO and UPCoM trading registration to the goal of listing on HOSE in 2027: HGI is ready for a new phase of development
Following its IPO and the official commencement of trading on UPCoM, HGI aims to continue fulfilling the necessary requirements to pursue a listing on the Ho Chi Minh City Stock Exchange (HOSE) in 2027.
This roadmap is expected to help improve share liquidity, broaden access to the investor community and create more opportunities to raise long-term capital to support the Company’s development strategy.