Masan first started operations in 1996
Masan Group Corporation was incorporated in November 2004 under the name Ma San Shipping Corporation. We officially changed our name to Ma San Group Corporation in August 2009 and were successfully listed on the Ho Chi Minh Stock Exchange on 5 November 2009. Our name was formally changed to Masan Group Corporation in July 2015 in order to be consistent with our corporate brand and practice. While the listed entity was formally incorporated in 2004, Masan, through our majority shareholder and our underlying operating businesses and their predecessor companies, has been in existence as a business group since 1996.
As Vietnam develops economically, our consumers and their needs continue to evolve, moving beyond daily essentials to a wider array of tailored products, services and experiences that reflect their modern lifestyles and aspirations. Consumers are also increasingly tech-savvy and value convenience. Anticipating these changes, Masan Group has gone beyond being a producer of branded consumer goods and is well on its’ journey to becoming an integrated offline-to-online consumer-tech ecosystem.
Thriving for a
better life
Masan Group successfully refinanced and extended loan facilities totaling USD650 million, extending the maturity by two years until 2030 and reducing interest rates by up to 85 bps.
Masan Group honored in Fortune Southeast Asia 500 list in terms of revenue. In the consumer – retail sector of Vietnam, Masan Group is the company topping the Fortune rankings with a revenue in 2023 reaching over 3.2 billion USD.
Masan Group announced the signing of definitive agreements with Mitsubishi Materials Corporation Group bring back USD134.5 million. Masan is expected to report a one-time profit gain of approximately USD40 million as a result of the transaction and benefit from long-term NPAT uplift of USD20-30 million.
Masan Group receives an investment of 250 million USD from the private investment fund – Bain Capital in equity capital. This transaction marks Bain Capital’s first investment project in Vietnam. This is an investment in the form of purchasing convertible dividend preference shares (CDPS) issued at a price per share of 85,000 VND and can be converted into common shares at the rate 1:1.