On June 19, 2025, ASG Corporation (HOSE: ASG) successfully held its 2025 Annual General Meeting of Shareholders (AGM) at its headquarters located in the Logistics Service Area, Noi Bai International Airport, Phu Minh Commune, Soc Son District, Hanoi. The meeting was attended by the Executive Board, Supervisory Board, Executive Board of Directors, and shareholders.
In 2024, ASG Corporation has completed the Phase 3 investment in its off-airport cargo terminal project in Thai Nguyen, increasing the total warehouse area to 5,000 m² with a maximum handling capacity of 40,000 tons of cargo per year. At the same time, it expanded the warehouse facilities in Hoa Cam – Da Nang to a total area of 7,100 m². The AGM also acknowledged the continued expansion of airport and non-aeronautical services through a growing chain of franchised stores and ASG Sky Lounge premium lounges.
Notably, following the completion of land clearance and compensation procedures in 2024, ASG Infrastructure and Industrial Zone Development Company Limited (ASGI) – a subsidiary of ASG Corporation – was officially granted approval by the Hanoi People’s Committee to lease 505,950 m² of land under Decision No. 2762/QĐ-UBND dated June 2, 2025. The land will be used for the implementation of the technical infrastructure investment project for the CN2 Industrial Cluster in Mai Dinh Commune, Soc Son District. To date, ASG Infrastructure and Industrial Zone Development Company Limited (ASGI) has completed all necessary procedures and has been granted a construction permit. The CN2 project officially broke ground on June 23, 2025. Once operational, the project is expected to generate approximately 4,500 jobs and significantly contribute to the socio-economic development of Soc Son District in particular, and Hanoi City as a whole
At the meeting, the Executive Board of ASG Corporation presented its 2025 business plan, which was formulated based on forecasts of global economic fluctuations. ASG Corporation targets consolidated revenue of over VND 2,300 billion, a 17% increase compared to 2024, and a pre-tax profit of over VND 94.9 billion, representing a 22% year-on-year increase. Additionally, shareholders voted to approve the 2025 Employee Stock Ownership Plan (ESOP), with an issuance ratio of up to 1% of the charter capital, equivalent to a maximum of 907,847 shares.
The 2025 Annual General Meeting of Shareholders passed all reports and proposals with a high level of consensus, reflecting shareholders strong alignment with ASG Corporation development strategy and objectives for 2025.
