ElectroWorld by MobileWorld Set to Go Public

Mobile World Group has disclosed unusual information to the State Securities Commission, the Vietnam Stock Exchange, and the Ho Chi Minh City Stock Exchange.

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Mobile World Investment Corporation (stock code: MWG) has recently announced a summary of material information disclosure for the Board of Directors’ Resolution No. 13/NQ/HĐ QT-2025 dated December 12, 2025.

According to this resolution, Mobile World has approved the plan for its subsidiary, Dien May Xanh Joint Stock Company, to conduct an initial public offering (IPO) and list its shares on the stock exchange. This decision aligns with the company’s restructuring and business specialization strategy.

In November 2025, the Board of Directors of Mobile World Investment Corporation approved the restructuring of its subsidiaries to enhance business specialization. As a result, the retail segments of mobile phones, electronics, and home appliances (thegioididong, TopZone), Dien May Xanh, Erablue joint venture, pharmaceuticals (An Khang), and mother & baby products (AVAKids) will operate as independent legal entities. This restructuring aims to improve focus, autonomy, and operational efficiency.

The retailer stated that the strategic significance of Dien May Xanh’s IPO and listing has been thoroughly studied and considered by the Board of Directors, with plans for implementation in 2026.

Dien May Xanh stores are present across various provinces and cities.

The Board of Directors of Mobile World views the IPO as a strategic shift, marking the beginning of a new growth phase. The company aims to sustain double-digit profit growth through quality-driven expansion.

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