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The CrownX

Masans integrated consumer-retail platform achieves impressive EBITDA growth in Q2

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

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...
The CrownX raises 350m in final chapter of funding

The CrownX raises $350m in final chapter of funding

Masan Group Corporation said it has signed a deal for US$350 million primary investment in The CrownX Corporation by a consortium of investors comprising TPG, Platinum Orchid, which is wholly owned by the Abu Dhabi Investment Authority, and SeaTown Master...
Koreas SK, Masan pick up 345 million stake in The CrownX

Korea’s SK, Masan pick up $345 million stake in The CrownX

Masan Group Corporation (HOSE: MSN) and SK Group have announced the signing of definitive agreements to acquire secondary shares of The CrownX (TCX) for a total cash consideration of US$345 million, of which $340 million will be from the Korean...
Masan Group increases stake in The CrownX to 84.9%

Masan Group increases stake in The CrownX to 84.9%

Masan Group (HOSE: MSN) and its subsidiary, The CrownX, on July 1 announced the acquisition of the latter’s shares from minority shareholders, increasing Masan’s direct and indirect stakes in it from 80.2 per cent to 84.9 per cent.
Alibaba, Baring Private Equity Asia consortium complete 400mm investment in The CrownX

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

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...
Alibaba, Baring Private Equity Asia invest 400m in Masan retail arm, The CrownX

Alibaba, Baring Private Equity Asia invest $400m in Masan retail arm, The CrownX

Masan Group Corporation (HOSE: MSN) and a consortium led by Alibaba Group and Baring Private Equity Asia on May 18 announced the signing of definitive agreements for the acquisition of a 5.5 per cent stake in The CrownX for a...