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.
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.
Masan organized the event 'Application of AI, ML and data science technology in consumer - retail' in Ho Chi Minh City. Here, Masan shares about the consumer ecosystem - pioneering technology that solves difficult problems of the Vietnamese consumer market.
Masan Group was honored as "Asia's Best Place to Work 2023" and won the award category "Enterprise with a diverse, equal and inclusive working environment" by the leading prestigious magazine in human resources in Asia - HR Asia at the annual HR Asia Awards ceremony.
Masan Group continued to be honored in both categories: Sustainable Resource Management and Outstanding Risk Management Platform at the announcement event of TOP 50 Corporate Sustainability Awards (CSA) organized by Nhip Cau Dau Tu Magazine.
The Sherpa Company Limited, a subsidiary of Masan Group Corporation, receives the offshore investment registration certificate to carry out investment activities in Singapore. The investment worth up to USD105 million for 25% of share ownership of Trust IQ Pte. Ltd. (“TS”), a Singapore-based tech company, equivalent to up to 9.388.756 shares.