YEG shares of Yeah1 Group have recorded their second consecutive ceiling increase, reaching 13,800 VND/share, with strong liquidity as the trading volume exceeded 5.1 million shares. This surge follows the news that Sony Music Entertainment Hong Kong invested, acquiring 49% stake in 1Label of Yeah1. The investment not only brings in funds but also allows 1Label to access international artist management technology and a global distribution network, aiming to elevate the Vietnamese music industry’s standards. After the transaction, 1Label will become an associate company of Yeah1. The upcoming “Y-Concert” 2025 at Vinhomes Ocean Park 3 is expected to set several records with its gigantic stage and featuring popular artists. Business results show that in the first 9 months of 2025, Yeah1 achieved nearly 1,068 billion VND in revenue, a 70% increase compared to the same period in 2024.
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