Masan Consumer announced the result of a shareholder vote, approving the delisting of MCH shares from UPCoM to be listed on HoSE, with 96.45% approval. Masan Consumer, controlled by Masan Consumer Holdings, also includes the Bill & Melinda Gates Foundation. The company operates in 8 consumer sectors in Vietnam, leading with brands like Chin-su and Omachi. In 2024, revenue is projected to reach nearly 30.9 trillion VND, a 9.4% increase from last year. The 2025 revenue target is between 33.5 – 35.5 trillion VND. The company is also offering 326.8 million shares, aiming to raise 3.268 trillion VND for debt repayment and office expenses. Currently, MCH shares are priced at 148,300 VND, with a market cap of 155 trillion VND, potentially entering the top 10 valuable companies on Vietnam’s stock exchange.
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