Masan Consumer Announces 22.5% Bonus Share Issue

Masan Consumer is seeking shareholder approval for a proposed issuance of shares from its equity capital, with a planned execution rate of 22.5%.

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Masan Consumer Holdings (MCH), a leading Vietnamese consumer goods company, has announced a shareholder resolution to issue new shares from its equity capital. The ratio is set at 1,000:225, meaning shareholders holding 1,000 shares on the record date will receive 225 new shares.

Selected products from Masan Consumer’s portfolio

Previously, on November 3rd, Masan Consumer released documents seeking shareholder approval to remove Ms. Nguyen Thu Hien from the Board of Directors. Following her removal, Ms. Hien will also step down as Chair of the Audit Committee.

Conversely, shareholders will elect Mr. Truong Nhat Quang as a Board member for the remainder of the 2024-2029 term.

Mr. Truong Nhat Quang, born in 1973, currently serves as the Managing Partner and Director of YKVN Law LLC (and its predecessor firms).

In recent developments, the Ho Chi Minh City Stock Exchange (HoSE) announced receiving MCH’s initial public offering (IPO) application on November 5th, 2025.

The company plans to list 1.067 billion shares, equivalent to a charter capital of 10,676.2 billion VND. Vietcap Securities Corporation is acting as the listing advisor.

Masan Consumer’s shares (MCH) have been traded on the UPCoM market since January 5th, 2017, with a reference price of 90,000 VND per share.

The plan to list on HoSE was approved by Masan Consumer’s shareholders at the 2024 Annual General Meeting. In early October 2025, the company announced its intention to transfer its listing from UPCoM to HoSE in Q4/2025 or Q1-Q2/2026.

In terms of business performance, MCH reported net revenue of 7,516 billion VND in Q3/2025, a slight 6% decrease year-over-year. Consequently, net profit after tax declined by 19% to 1,698 billion VND.

For the first nine months of 2025, Masan Consumer generated net revenue of 21,281 billion VND, down 3% compared to the same period last year. Net profit after tax decreased by 16% to 4,660 billion VND.

For 2025, Masan Consumer aims for revenue between 33,500 and 35,500 billion VND (a 10-15% increase) and net profit after tax ranging from 7,300 to 7,800 billion VND.

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