BAF

BAF Vietnam (BAF) will issue over 30.4 million shares for a 10% stock dividend and 10% bonus share, totaling a 20% payout, with a record date of June 22. The issuance will raise charter capital from VND 3,040 billion to VND 3,648 billion, funded from retained earnings and share premium. The move signals management's confidence in its financial position and commitment to shareholder returns.

BAF Vietnam (BAF) has acquired 100% of Gia Han Production and Trading Co., Ltd., a pig farming and breeding company in Quang Tri, for VND 110 billion. The acquisition expands BAF's livestock footprint and follows a recent 25% stake purchase in Hung Phat Farm One. The deal aligns with BAF's strategy to scale up its pork production capacity.

BAF targets a 20% stock dividend and bonus issue (10:1 ratio each) in Q2-Q3/2026, adding over 60.8 million shares and raising charter capital to VND 3,648B. The move is backed by a $50 million credit facility from FMO for high-tech pig farming projects in Gia Lai.

BAF Vietnam (BAF) plans to issue over 60.8 million shares to pay a 10% stock dividend and a 10% bonus share, increasing charter capital from VND 3,040B to VND 3,648B. The issuance, sourced from retained earnings and share premium, is scheduled for Q2-Q3 2026. This capital action follows a USD 50 million credit facility from FMO for two large-scale hog farming projects in Gia Lai.

BAF Vietnam Agriculture JSC (BAF) signed a $50 million credit facility with Dutch development bank FMO to develop two high-tech pig farms in Gia Lai, with expected annual revenue of VND 2,000 billion at full capacity. The deal underscores BAF's access to long-term international capital tied to ESG standards.

BAF Vietnam (BAF) has secured a $50 million loan from Dutch development bank FMO, secured by stakes in subsidiaries, to develop two new pig farm projects. The loan, structured as $30M direct and $20M syndicated, signals international institutional confidence in BAF's expansion strategy and ESG alignment.

BAF Vietnam (BAF) acquires a 25% stake in Hung Phat Farm One, a pig farming company in Gia Lai, for VND 54 billion. The deal supports BAF's expansion strategy amid strong Q1 2026 results, with revenue up 56.8% and net profit up 54.5%, driven by higher hog prices and increased output.

Foreign investors net sold VND 1,515.5 billion (~USD 60.6 million) on May 13, 2026, with heavy selling on Vingroup stocks (VIC, VHM, VRE) and private banks. State-owned enterprises and energy stocks (GAS, BSR, PLX) rallied on privatization signals, cushioning the VN-Index decline to only 2.73 points.

New Vietnamese accounting circulars (99/2025 and 43/2026) effective January 2026 mandate separate disclosure of biological assets on balance sheets. HPG reports VND 623B in total biological assets (0.24% of total assets), while BAF shows VND 2,128B (17.5% of total assets). The change increases transparency but may affect comparability and provisioning requirements for agriculture-exposed firms.

DGC is removed from VN30, VN100, and other HOSE indices effective May 13, 2026, after failing to submit its audited 2025 financial report on time. BSR takes the VN30 slot, while BAF and EVF move up in related indices. The delay stems from the arrest of DGC's chairman and vice chairman, disrupting the audit process.

DGC was removed from the VN30 index after being placed under control status for failing to submit its 2025 audited financial statements on time, with BSR taking its place. The removal also extends to VN100, VNAllshare, VNMITECH, and VN50 Growth indices, where BAF and EVF are added as replacements. The index changes reflect the ongoing governance crisis at DGC following the arrest of its chairman and vice chairman.

BAF reported Q1 2026 net profit of VND 210B (+49% YoY), exceeding its plan, driven by higher hog prices and sales volume. The company also announced a VND 12,000B high-tech livestock complex and targets 20,000 Anfarm retail points by 2030, with a USD 50M loan from FMO.