Masan Group to invest $400 million to increase stake in Masan Consumer

Masan Group has announced plans to increase its ownership stake in Masan Consumer (MCH) through its 98%-owned subsidiary, Lepus Investment Joint Stock Company. The subsidiary intends to purchase up to 73 million MCH shares, representing approximately 5.58% to 5.6% of the company's charter capital.

This transaction, estimated to be worth approximately 10,000 to 10,300 billion VND (roughly 400 million USD), is expected to take place via agreement and matching orders over a 15-day period starting October 9, 2026. Upon completion, Masan Group's ownership in Masan Consumer will rise from 69.4% to approximately 74.9%.

The move is part of a broader strategy to increase ownership in core consumer companies, following recent cooperation between Masan High-Tech Materials and Elmet. The group also aims to improve MCH's liquidity by gradually increasing its free-float ratio to approximately 25% to attract more institutional and strategic investors.

Funding for the acquisition will be sourced from Masan Group's available cash reserves and recent cash inflows, including dividends from Masan Consumer and Masan High-Tech Materials, as well as capital from strategic investor expansion plans at Masan High-Tech Materials.