Masan profits double in Q1

Friday, Apr 26, 2024

Masan Group Corporation (MSN, Masan) has announced that its consolidated net revenues in the first quarter increased by 69.7 per cent year-on-year to VNĐ18.855 trillion (US$743.85 million) and doubled from the previous quarter.

Masan closes $250 million investment from Bain Capital on April 22

Tuesday, Apr 23, 2024

With the exchange rate at VNĐ25,356 buying a dollar, Masan will receive VNĐ6.228 billion in net cash from this investment which will significantly improve Masan’s balance sheet.

Bain Capital leads Masan’s equity funding round of up to $500 million

Monday, Oct 02, 2023

The money will be used to strengthen the company’s financial position and deleverage its balance sheet.

Masan’s integrated consumer-retail platform achieves impressive EBITDA growth in Q2

Saturday, Jul 29, 2023

Masan Group Corporation (HOSE: MSN) has released its unaudited financial results for the first half of 2023, with net revenue reaching VNĐ37.3 trillion (US$1.5 billion), an increase of 3.6 per cent versus VNĐ36 trillion ($1.5 billion) in the same period last...

Alibaba, Baring Private Equity Asia consortium complete $400mm investment in The CrownX

Monday, Jun 14, 2021

Masan Group Corporation (HOSE: MSN) on June 14 announced the completion of a private issuance of a 5.5 per cent stake in The CrownX Corporation to a consortium led by Alibaba Group and Baring Private Equity Asia for a cash...

Masan Group targets $3.98-4.4 billion net revenues in 2021

Thursday, Apr 01, 2021

Masan Group Corporation (HOSE: MSN) targets net revenues of VND92-102 trillion (US$3.98-4.4 billion) this year, an increase of 19 – 32 per cent from last year, and profit after tax and minority interest of VND2.5-4 trillion ($108.3-173.3 million), a rise...

MSN to pay cash dividend of 10 per cent

Wednesday, Dec 16, 2020

Masan Group Corporation (HOSE: MSN) has set December 18 as the record date for paying dividends for 2019 in the form of cash and December 30 as the payment date.

Masan’s branded consumer products grows over 30%

Saturday, Oct 31, 2020

Masan Group Corporation (MSN) achieved double-digit growth in revenues and operating profits across its consumer-related business segments in the first nine months of the year.

Masan Group postpones VND3 trillion bond issue plan

Monday, Oct 30, 2017

Private equity firm Masan Group Corporation (MSN) has announced it will postpone the issue of VND3 trillion (US$132.2 million) nonconvertible bonds, which was initially scheduled for this quarter.

MSN won't pay dividend again

Monday, Apr 04, 2016

Masan Group Corporation (MSN) posted better revenue and profits but decided not to pay dividends for 2015 at the annual general shareholder meeting in HCM City yesterday.

Masan Group solidifies strategic partnership with Singha

Tuesday, Feb 02, 2016

Masan Group Corporation (MSN), closed the first funding of its strategic partnership with Singha Asia Holding Pte Ltd (Singha) in January.

Masan Group opens brewery in Hau Giang

Monday, Dec 28, 2015

Masan Consumer Holdings, an important unit of Masan Group Corporation (MSN), opened a Masan Brewery HG beer factory worth VND1.6 trillion (US$71 million) in Hau Giang on December 26.