A Company with Larger Market Capitalization than Hoa Phat, Vinamilk, MB is About to be Listed on HoSE

The Ho Chi Minh City Stock Exchange (HoSE) has just approved the listing of 1.067 billion MCH shares of Masan Consumer Corporation (Masan Consumer), with a market capitalization of approximately 226 trillion VND, surpassing many large companies like Hoa Phat and Vinamilk. The listing on HoSE will help MCH attract capital from investors and foreign funds through ETFs.
Masan Consumer owns a brand ecosystem reaching 98% of Vietnamese households and leads the consumer goods market. The company is executing a strategy to expand its products and distribution network to nearly 500,000 stores. MCH’s growth is driven by macro factors, demographics, and consumer goods market expansion, while also focusing on international market expansion. The international revenue has been increasing by 16% per year and products are present in over 26 countries.
MCH shares are currently priced at 214,000 VND/share, up 22% since the beginning of the year. The company plans to issue an additional 237.8 million bonus shares, increasing its capital to 12.945 trillion VND.