In the latest quarterly business registration content amendment as of Q1 2025, Masterise Group JSC has increased its charter capital from VND 2,423 billion to VND 6,737 billion. This significant increase, nearly triple the original amount, is the first such move in five years.
Prior to this, Mr. Ho Anh Minh (born 1995, son of Techcombank’s Chairman Ho Hung Anh) was appointed as the Group’s General Director and legal representative, effective January 13, 2025.
Mr. Minh and his mother, Ms. Nguyen Thi Thanh Thuy, each hold over 10% of Masterise’s capital. Meanwhile, Masterise Homes, the core company in the Masterise “ecosystem,” has also undergone a series of changes in its top management.
Mr. Ho Anh Minh also took on the role of General Director of Masterise Homes, while Mr. Ho Anh Ngoc (born 1982, Techcombank Chairman’s brother) was appointed as Chairman of the Members’ Council. The two subsequently became the legal representatives of Masterise Homes.
Masterise Group was established in 2007, initially operating as Thao Dien Investment Joint Stock Company (TDI). In 2019, the company changed its name to Masterise Group JSC.
Masteri Thao Dien in Thu Duc City, Ho Chi Minh City, was Masterise’s first real estate project. Today, the company boasts a diverse portfolio of projects across Vietnam, including Masteri West Heights, Millennium, Lumiere Riverside, Global City, and Grand Marina Saigon.
In addition to Masterise Group, there are several other companies associated with Techcombank that are managed and owned by Mr. Ho Hung Anh’s wife and son, such as Viet Thanh – Sai Dong JSC and the One Mount Group ecosystem.
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