On January 18, 2026, in Pleiku City (Gia Lai province), Hoang Anh Gia Lai Joint Stock Company (HOSE: HAG) unveiled the Phu Dong High-rise Housing and Commercial Complex Project. This is an real estate project that HAGL restarted after nearly a decade of focusing on restructuring, and at the same time demonstrating its long-term commitment to socio-economic development of the locality.
The project is located on a land area of nearly 7,000 m2 with 3 fronts of Nguyen Tat Thanh street, right at Phu Dong traffic junction - the area considered the busiest in Pleiku City today. This is a land area owned by the Group for more than 15 years.
The project has a total investment of 600 billion VND, a scale of 22 above-ground floors and 2 basements, with a total construction floor area of more than 77,000 m2. It is expected that when completed, the project will add 610 apartments to the Pleiku market.
The project's goal is to form a modern complex, meeting the housing - commercial needs, especially young people. Therefore, the selling price of apartments only fluctuates at 20 - 25 million VND/m2 but is of high quality and committed to fully meeting the criteria with the "5 together" motto that the Group has set out: "Listening to each other, discussing together, implementing together, sharing results together and removing difficulties together", Mr. Nguyen Xuan Thang, General Director of HAGL, said.
Also on this occasion, HAGL Chairman - Mr. Doan Nguyen Duc announced a plan to express gratitude to the collective of officials and employees who accompanied the business to overcome the most difficult period.
Accordingly, nearly 499 core officials and employees were thanked for their contributions to the group, of which 160 people were rewarded with apartments worth from 2 - 8 billion VND (depending on the contribution level). The rest will be rewarded with shares under the ESOP program with at least 10,000 shares per person (about 500 million VND). The total value that HAGL Group is grateful to employees is up to 800 billion VND.
Chairman Doan Nguyen Duc also emphasized that this team contributed to "saving" HAGL's assets worth about 27,000 billion VND in the most difficult period. This is a gift worthy of the effort they put in.
Also according to Chairman Doan Nguyen Duc, HAGL reduced the debt of 36,000 billion VND at the end of 2016 to 5,500 billion VND at the present time (debt-to-equity ratio is only 0.4 times) and pulled the accumulated loss of up to 7,000 billion VND down to "0".
Today's success is thanks to the very loyal and attached staff, even though sometimes they don't receive salary for 6 months. By the beginning of 2026, HAGL is one of the companies with a beautiful financial balance sheet with equity of 13,000 billion VND, profit in 2025 estimated at 2,800 billion VND and revenue estimated at nearly 7,700 billion VND. In 2026, profit is expected to reach 4,000 billion VND," Bau Duc shared.
Thus, after 9 years of drastic restructuring, HAGL Group has succeeded when the group's asset value increased sharply in all segments. In the second quarter of 2026, HAGL will IPO (first public offering) with Hoang Anh Gia Lai International Investment JSC and set a target to pay a dividend of 50% in cash in 3 years after IPO, maintaining a minimum profit growth of 30%/year.
