Masan Consumer plans to list on HoSE in 2025
On October 2, Masan Consumer announced Resolution of the Board of Directors approving the transfer of MCH shares from UPCoM to listing on the Ho Chi Minh City Stock Exchange (HoSE).
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In Q3/2024, Masan achieved a profit of US$27.6 million, nearly 14 times higher than the same period last year, and surpassed 130 percent of its profit target in the base case scenario.
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Masan Consumer, a leading fast-moving consumer goods (FMCG) firm in Vietnam, plans to issue 326 million shares to existing shareholders at VND10,000 ($0.42) each by 2025.
On October 2, Masan Consumer announced Resolution of the Board of Directors approving the transfer of MCH shares from UPCoM to listing on the Ho Chi Minh City Stock Exchange (HoSE).
Michael Hung Nguyen, Deputy CEO of Masan Group, said that Masan's profit in the third quarter is expected to be higher than the second.
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