Nguyen Yen to increase stake in Masan to 4%

Masan Consumer brands

By Nguyen Hoang Long

December 5, 2014

Nguyen Hoang Yen, a board member of the Masan Group and vice president (VP) at Masan Consumer is planning to increase her stake in the company to 4.05 per cent through an additional investment of VND 644 billion  ($30 million).

According to the Ho Chi Minh Stock Exchange (HOSE), earlier, today Yen had registered to buy eight million shares of Masan Group. With the group’s shares trading at at VND 80,500 per share on the market, her total investment for this deal would be approximately VND 644 billion.

This investment will make her the the fifth richest person and the second richest woman on Vietnam stock market with her total stock assets of VND 2.4 trillion

Reportedly, Yen already holds 21,779,459 shares in the Masan group, equivalent to 2.96 per cent equity stake. After successfully purchasing a further eight million shares, Yen would hold approximately 4.05 per cent stake.

Apart from holding a minority stake in the Masan group, she also holds a minority stake in VinaCafe Bien Hoa Group.

Masan Group is one of the Vietnam’s largest private sector companies in the consumption and resources sector. The group holds 77.4 per cent equity stake in Masan Consumer, 75.9 per cent  in Masan Resources and 30.4 per cent in Techcombank. Company’s financial statement for the first nine months of 2014 reflects a VND 10.8 trillion revenue, which is a 44.3 per cent increase compared to the same period last year; but the profit after tax was reduced by 18.8% to VND 1 trillion.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

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Following vacancies can be applied for (only in Singapore).   

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  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW