19-06-2018 12:39
As no firms occupy more than 20 per cent of the $5.2-billion domestic pharmaceutical market, it remains an appetising cake for many chains, such as Mobile World, FPT, and lately Nguyen Kim, which has been repeatedly planning to acquire 51.14 per cent in Lam Dong Pharmaceutical JSC (Ladophar, code: LDP).
26-05-2018 11:12
Mobile World Group (MWG)’s announcement of closing of seven mobile stores this year took the market by surprise as this was the first time Mobile World had reneged on its aggressive expansion strategy. However, a company representative clarified that the affected units were transferred to the Dien May Xanh chain instead of being closed.
06-03-2018 13:50
Tran Anh Digital World JSC (Tran Anh) reported soaring revenue for the first time since it merged with Mobile World Investment Corporation (MWG).
22-02-2018 17:14
After spending more than $40 million on buying into Mobile World Investment JSC (HoSE: MWG), Kuala Lumpur-based investment fund Creador will continue to invest an additional $100 million in M&A deals in Vietnam in the next three years.
09-02-2018 12:08
Mobile World Group (MWG) plans for long-term business with a series of BigPhone stores in Cambodia, which is a potential market with 16 million people, 96 per cent of whom are using mobile phones.
02-02-2018 14:42
On the verge of a merger with Mobile World Investment Corporation (MWG), Tran Anh Digital World JSC (Tran Anh) revealed a consecutive net loss of VND55 billion ($2.42 million) in its financial statement for the first nine month of the financial year ending on March 31, 2018.
30-01-2018 11:08
Mekong Capital has announced that Mekong Enterprise Fund II (MEF II) completed the divestment from Mobile World Investment JSC (HoSE: MWG) for a 57x cumulative return on investment.
10-01-2018 15:04
Acquiring Tran Anh (TAG) is expected create additional diversity in the operations of Mobile World Group (MWG), while the M&A deal between the two largest local electronic retailers also opens expectations for further M&A deals among competitors in the sector.
05-01-2018 17:24
Mobile World Group (MWG) has just announced completing the acquisition of a 95 per cent controlling stake in Tran Anh (TAG). However, MWG’s resulting market share, as the company already held 30 per cent before the deal, could cause legal issues, blocking the corporation’s designs of expansion.
28-12-2017 21:49
After a strong rally of 30 per cent in stock price over the past four months, Mobile World Group (ticker MWG) saw back-to-back divestments from numerous of foreign funds.
19-12-2017 16:32
Tran Kinh Doanh, a member of the Mobile World Group (MWG) Board of Directors, confirmed that the company has acquired Phuc An Khang Pharmacy to officially set foot in the pharmaceutical sector.
19-12-2017 16:14
With hefty experience in distribution and retail, Mobile World, FPT Retail, Digiworld, and Nguyen Kim have been entering pharmaceutical retail, but who will seize control?
12-12-2017 15:52
The Competition and Consumer Protection Department under the Ministry of Industry and Trade has given the go-ahead for the merger and acquisition (M&A) deal between the two largest local electronic retailers – The Gioi Di Dong (Mobile World) and Tran Anh Digital World.
28-11-2017 11:45
In order to set foot in the pharmaceutical retail market, Mobile World Group (MWG) has chosen Phuc An Khang as the first M&A target, DigiWorld (DGW) is determined to deliver functional foods with the first products of Kingsmen, and Nguyen Kim tried to rise its shareholding by 51.14 per cent to dominate Lam Dong Pharmacy (LDP).
22-11-2017 11:19
Mobile World Group has debuted in the Vietnamese bond market with its first issuance of fixed-rate bonds guaranteed by a trust fund of the Asian Development Bank (ADB).