HCMC – BaF Vietnam Agriculture JSC, whose BAF shares are traded on the Hochiminh Stock Exchange, has unveiled a plan to establish three subsidiaries in Tay Ninh Province with total charter capital of VND760 billion.
The first subsidiary is named BAF Tay Ninh 1 High-Tech Livestock Co., Ltd. It has charter capital of VND340 billion, with BAF contributing 100% of the capital. The company’s main activities include pig farming and pig breeding.
The second subsidiary is BAF Tay Ninh 2 High-Tech Livestock Co., Ltd., with the same charter capital and business sphere.
The third subsidiary, BAF Tay Ninh 1 Animal Feed Production Co., Ltd., has charter capital of VND80 billion. The company’s main activities focus on the production of livestock, poultry, and aquaculture feed.
All the three subsidiaries of BAF will be located at 501 Ba Muoi Thang Tu Street, Ward 1, Tay Ninh City, Tay Ninh Province.
Recently, BAF’s Board of Directors has decided to hold the 2025 annual general meeting of shareholders in April this year.
At the meeting, BaF Vietnam will report to shareholders the business performance in 2024, the business plan for 2025, and other matters.
Closing the trading session today, February 27, BAF climbed by 5.38% day-on-day to VND33,300, with more than 5.5 million shares changing hands.
The southern bourse today saw 237 winners and 215 losers, with the VN-Index adding 4.84 points, or 0.37% against the previous session, at 1,307.8 points.
Nearly 893 million shares worth VND18.7 trillion were transacted, up by nearly 18% in volume and 12% in value compared to yesterday’s session. Block deal transactions contributed around VND979.8 billion to the overall value.
Although VCB only increased by 1.7% to VND94,000, it remained the biggest contributor to the VN-Index, adding more than 2.3 points.
HPG was the most actively traded stock in the market, with over 48.3 million shares matched. It rose by 2.34% to VND28,450.
Meanwhile, HSG and NKG hit their ceiling prices at VND19,150 and VND15,450, respectively. Their trading volumes were also among the highest on the exchange.
On the northern exchange, the HNX-Index inched up by 0.79 point, or 0.33%, at 239.39 points. The total trading volume reached nearly 70 million shares worth a total of VND1.2 trillion.
