Owner of US$7 billion system, billionaire Nguyen Dang Quang takes new step Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
01/04/2021 16:02 GMT+7
After Masan Group s acquisition of Vingroup’s retail chain, Masan’s Nguyen Dang Quang took great steps to master the $7 billion system and form an ecosystem for Vietnamese people.
Masan Group s Chairman - billionaire Nguyen Dang Quang.
Masan Group (MSN) has released its audited financial statement of 2020 with a notable feature: the deal worth $1 billion with Vingroup, owned by billionaire Pham Nhat Vuong.
In June and August 2020, Masan paid VND23.7 trillion to buy additional 14.8% equity of The CrownX from Vingroup, increasing its ownership to 84.8%. Previously, Masan spent a lot of money to build a retail - consumer empire, which inlcuded its own businesses and M&A deals and its a