Sa Giang Import-Export Joint Stock Company (HNX: SGC) has announced the resolution of its Extraordinary General Meeting of Shareholders (EGM) for 2025, approving a plan to issue additional shares to existing shareholders to increase its charter capital.
Accordingly, Sa Giang will issue over 7.1 million shares at a ratio of 1:1 (one existing share entitles the holder to purchase one new share) with no transfer restrictions.
The issuance is expected to take place in Q4/2025 or during 2026, pending approval from the State Securities Commission.
If the issuance is successful, Sa Giang’s charter capital will double from nearly 71.5 billion VND to approximately 143 billion VND, corresponding to a total of nearly 14.3 million outstanding shares. With an offering price of 65,000 per VND share, the company expects to raise about 464.6 billion VND.
All proceeds will be used by Sa Giang to contribute capital to Hoan Ngoc Agricultural Products and Food Joint Stock Company (HNG Food Corp) to implement the Hoan Ngoc agricultural products and food processing factory project.
Established in April 2025 and headquartered in Dong Thap Province, HNG Food operates mainly in the production of ready-to-eat meals and processed foods such as pho, rice noodles, rice paper, shrimp chips, noodles, and more.
At the General Meeting of Shareholders (GMS), Ms. Truong Thi Le Khanh - Chairwoman of the Board of Directors of Vinh Hoan Group (Sa Giang's parent company) stated that Hoan Ngoc is a promising project in the field of processing products from rice and agricultural products, aligning with current consumption trends. The project has a large land area with a portion allocated for raw-material storage and future expansion.
Accordingly, Hoan Ngoc will invest in 5 production lines, one of which already has a partner committed to purchasing the products. However, due to the sizeable capital requirement, Ms. Khanh shared that the company expects it to take about 8.5 years to recover the capital and the first 3 years will not yet contribute profits to Sa Giang.
Sa Giang Board Member Ms. Le Thi Dieu Thi added that Hoan Ngoc's products have a similar orientation but are more diverse than Sa Giang's current portfolio, contributing to expanding the value chain for processing Vietnamese rice and agricultural products.
Regarding business results, for the first 9 months of 2025, Sa Giang recorded net revenue of over 531.6 billion VND, up nearly 11 billion VND compared to the same period in 2024; after-tax profit reached 94.5 billion VND, up 14%. As of September 30, 2025, the company's total assets stood at over 560.2 billion VND with liabilities at 123.4 billion VND.
According to Dan Viet.
(seafood.vasep.com.vn) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.
(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.
(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.
(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.
(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.
(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
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