31-01-2019 18:10
The core profit of Masan jumped by 57.1 per cent to VND3.478 trillion ($151.2 million) for 2018, and the group set the target of double-digit top and bottom-line growth in 2019.
05-11-2018 08:00
One of Vietnam’s largest private conglomerates, Masan Group, has reported outstanding nine-month performance, leveraging its premiumisation and beverage strategy to double and triple the fast-moving consumer goods growth rate in the forthcoming years.
02-11-2018 09:45
Vietnam’s Masan Resources revealed its nine-month financial results with the highlights of increased net revenue and net profit on the back of a slight fall in global tungsten prices, continuing to maintain its position as the largest ex-China tungsten chemicals producer.
02-10-2018 16:24
Masan Group Corporation (HSX: MSN) today announced the completion of SK Group’s (SK Group) purchase of 109,899,932 treasury shares at VND100,000 ($4.4) per share, a total consideration of approximately $470 million. SK Group is now the largest foreign shareholder of Masan Group.
24-09-2018 12:17
Masan Group and SK Group share many similarities in their respective businesses, which helps explain why they have recently become strategic partners.
19-09-2018 10:12
Masan and SK will join hands to pursue transformational business opportunities in Vietnam and to synergise existing business units.
10-09-2018 14:28
As instant noodle sales bounce back in Vietnam, major food makers continue to employ different strategies to diversify income and capture new growth.
27-08-2018 10:01
Masan Resources had just announced the acquisition of H.C. Starck’s 49 per cent ownership at Nui Phao-H.C.Starck Tungsten Chemicals Manufacturing LLC. This is a major step to making Masan Resources the “Pride of Vietnam” in possession of state-of-the-art downstream processing technology through mergers and acquisitions (M&A).
20-08-2018 18:11
After two consecutive years of decline, Vietnam’s instant noodle consumption started recovering in 2017 with the total sale of 5.06 billion packets, up 3 per cent compared to 2016 and 5.4 per cent compared to 2015.
15-08-2018 12:12
Masan Resources Corporation (UPCoM: MSR), one of the world’s largest integrated industrial tungsten mineral and chemical producers, announced that Nui Phao Mining Company Ltd. (NPMC), a wholly-owned subsidiary of the company, has acquired H.C.Starck GmBH’s (HCS) 49 per cent stake in Nui Phao-H.C.Starck Tungsten Chemicals Manufacturing LLC (NHTCM) for the total cash consideration of $29.1 million, and now owns 100 per cent of this company.
24-07-2018 17:35
During the past ten years, Vietnam continued to witness high-value mergers and acquisitions (M&A) transactions in a variety of sectors, such as food manufacturing, real estate, banking, and retail, among others.
02-07-2018 13:15
Saigon Nutri-food JSC, a wholly owned subsidiary of Masan Consumer Corporation - one of Vietnam’s largest branded food and beverage companies, has just formed a strategic partnership with Jinju Ham Limited, a leading Korean branded processed meat company.
07-05-2018 21:45
Matthys van der Lely has officially become managing director to lead and develop the meat business at Masan Nutri-Science Corporation, Vietnam’s largest fully-integrated branded meat platform, according to a company statement released today.
21-12-2017 16:17
Privately-held Masan Group today announced that PENM Partners, a private equity fund with one of the most successful track records of investing in growth companies in Vietnam, will acquire up to 2 per cent of the secondary shares in Masan Group in the open market.
08-12-2017 11:47
Masan Group, one of the three largest private sector firms in Vietnam in terms of market capitalisation, was officially ranked as the fifth on Vietnam’s Top 500 Largest Private Enterprises List (VNR500), as recently announced by Vietnam Report.