Based on sources from Bloomberg, member of Singapore Authorities Funding Fund (GIC) – Ardolis Funding Pte. – registered to promote 19.5 million MSN shares of Masan Group.
In in the present day’s session (September 1), there was additionally a put-through sale of about 19.6 million MSN shares by international traders with a complete worth of greater than 2,500 billion dong, equal to the quantity of shares GIC needed to promote. Patrons are international traders and home traders.
Earlier this yr, (GIC) additionally offered a complete of 19.eight million MSN shares. The transaction occurred on January 15, 2021 by an settlement methodology. The common value of GIC fund group promoting MSN on this session is about 86,000 VND/share. It’s estimated that GIC group has earned about VND 1,700 billion from the sale of MSN shares on January 15, 2021.
Alternatively, leaders and associated teams have simply registered to purchase three million shares to extend their possession to 50.73%. Particularly, Hoa Huong Duong Development Firm Restricted needs to purchase 1 million shares of MSN, the transaction is anticipated to be accomplished by the strategy of settlement/matching, the execution time is from August 26 to September 24/ 2021.
Wherein, Development of Sunflowers is chaired and directed by Mr. Nguyen Thieu Nam. On the identical time, Mr. Nam can also be a member of the Board of Administrators and Deputy Basic Supervisor at Masan. After the transaction, it’s anticipated that Sunflower Development will enhance its possession fee in Masan to 13.36% of capital.
One other inside shareholder, Masan JSC, additionally registered to purchase 2 million MSN shares, similar to the variety of shares held after the transaction elevated to greater than 372.5 million models, accounting for 31.55% of the capital.
Quickly calculated on the present market value, the full quantity spent by these two models is about 381 billion VND. If the transaction of Masan JSC and Hoa Huong Duong Development is profitable, the full possession of the inner group together with senior administration and associated events will enhance to just about 600 million shares, equal to 50.73%. capital.
By way of enterprise, within the second quarter of 2021, MSN recorded income of VND 21,577 billion, up 18% over the identical interval. Deducting bills, EAT for shareholders of the father or mother firm elevated from 195 billion to 791 billion dong.
Accrued within the first 6 months, the Firm achieved 41,898 billion in income, up 16% over the identical interval. Gross revenue was 9,161 billion dong, up 17%. It’s recognized that the technique of specializing in luxurious, diversification, and comfort, together with the robust development of the trade within the context of Covid-19 has introduced optimistic outcomes for MSN after the primary half of the yr.
