Masan Group Joint Stock Company (MSN: HoSE) has just announced a resolution by its Board of Directors to increase its charter capital to nearly VND 15,205 billion after issuing shares under the Employee Stock Ownership Plan (ESOP).
As of the conclusion of the offering on July 30, Masan had distributed 7.56 million ESOP shares to 155 employees.
The shares are subject to a one-year lock-up period from the offering end date. The anticipated month for transferring ownership of the shares is August-September 2025.
The purpose of the issuance is to recognize the contributions made by employees to the company and its subsidiaries in the past year, motivate them to excel in their duties, and foster long-term commitment.
With an offering price of VND 10,000 per share, Masan raised over VND 75.6 billion, which will be utilized to increase its charter capital and support its business operations by augmenting the company’s working capital. Specifically, the funds will be allocated towards salary, bonus payments, and other employee-related expenses, as well as office rental costs.
Notably, the offering price of the ESOP shares was 86% lower than the current market price of MSN shares.

Among the 155 individuals who were offered ESOP shares in this round, CEO Danny Le received 250,027 shares, while Mr. Nguyen Thieu Nam, Board member and Deputy CEO, was offered 147,948 shares…
In terms of business performance, in the second quarter of 2025, Masan recorded consolidated revenue of VND 18,315 billion, a 9% decrease compared to the same period last year. Thanks to improved gross profit margin and reduced interest expenses, MSN’s after-tax profit reached VND 1,619 billion, up 71% year-on-year.
For the first six months of 2025, Masan achieved consolidated revenue of VND 37,212 billion, a 5% decrease year-on-year, and after-tax profit of VND 2,602 billion, an increase of 82% over the same period last year.
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