MSN stock of Masan Group Joint Stock Company surged in the morning trading session on March 27. As of 9:35 am, MSN stock had risen by 2.64% to reach a price of 70,100 VND per share.
Other enterprises within the ecosystem also witnessed positive movements, with MCH increasing by 1.3% and MML climbing by 1.4%, while MSR experienced a slight dip of 0.5%.
The upward movement of MSN has been a significant support for the VN-Index since the beginning of the session. When the VN-Index turned negative at around 9:45 am, MSN emerged as the largest cap stock, preventing a steeper decline.
It is also worth noting that foreign investors had net bought MSN the most, with a net buying value of 33 billion VND as of 9:50 am.
According to the recently published 2024 annual report of SK, the third-largest chaebol in South Korea after Samsung and LG, the company has classified its Vingroup shares as held for sale.
Additionally, SK no longer held any shares in Masan Group Joint Stock Company (MSN) by the end of 2024, compared to a 9.2% stake in the previous year.
However, within the Masan ecosystem, SK maintained its holdings with an 8.6% stake in Commercial and Services Development Joint Stock Company (down from 15.8% at the end of 2023) and a 4.9% stake in The CrownX (unchanged).
For the year 2025, Masan has set a business plan with net revenue expected to range between 80,000 billion VND and 85,500 billion VND, representing growth of 7% to 14% year-over-year.
Net profit before allocation of minority shareholders’ profits is forecasted to reach between 4,875 billion VND and 6,500 billion VND, indicating strong growth of 14% to 52% compared to the 4,272 billion VND recorded in the 2024 financial year.
The Korean Conglomerate SK Group’s $1.5 Billion Investment Move in Vingroup and Masan Stocks
As of late 2024, SK’s stake in Vingroup was classified as an asset held for sale.
Week of 16-20/12: Masan’s Subsidiary Shareholders Enjoy ‘Dividend Shower’
During the week of December 16-20, 2024, 19 companies will finalise their cash dividend payments. The highest rate, an impressive 95% (equivalent to VND 9,500 per share owned), goes to a subsidiary of the Masan Group.
The Penultimate Pen: Crafting a Captivating Headline
“Vingroup and Masan’s Big Four Deals: Accounting for Nearly 60% of M&A Value in the First Three Quarters”
The domestic investors dominated the Vietnamese M&A market in the first three quarters of 2024, with the standout deal being Vingroup’s divestment from Vincom Retail, valued at approximately $982 million.
The Heiress of Masan Group Purchases Nearly 8.5 Million Shares of MSN
Ms. Nguyen Yen Linh, daughter of Mr. Nguyen Dang Quang, Chairman of the Board of Directors of Masan Group Corporation (HOSE: MSN), purchased nearly 8.5 million MSN shares out of the registered 10 million shares from October 29 to November 18, 2024.
The Billionaire’s Daughter: A $26 Million Investment in MSN Stock.
As of her latest transaction, Ms. Nguyen Yen Linh now holds nearly 8.5 million MSN shares, equivalent to 0.59% of Masan Group’s capital.
