Masan High-Tech Materials reports year full of advances 14:09 | 12/04/2021
Masan High-Tech Materials reports year full of advances(source: masanresources.com)
In his opening speech, Craig Richard Bradshaw, general director of Masan High-Tech Materials, shared: âIn 2020, Masan High-Tech Materials completed the acquisition of H.C. Starck Tungsten Powders and forged a strategic alliance with Mitsubishi Materials Corporation through an investment of $90 million from a Japanese group, equivalent to a 10 per cent stake in MHT. The transactions have validated the transformation of Masan High-Tech Materials into a vertically integrated high-tech tungsten platform and asserted its position as a global-scale high-tech materials producer. Having overcome all the challenges and fluctuations from COVID-19, Masan High-Tech Materials has promptly responded and tirelessly expanded its portfolio, flexibly meeting customer needs and managing cash flows efficien
SK invests in Vietnam s VinCommerce
Posted : 2021-04-06 16:39
Updated : 2021-04-06 19:32
SK South East Asia Investment Managing Director Park Won-chul, right, and Vice President Kwon Hye-jo, left, pose with Masan Group CEO Danny Le on screen at SK s building in central Seoul, Tuesday, after signing a deal about SK s investment in Masan s retail unit, VinCommerce. Courtesy of SK
By Kim Bo-eun
SK Group said Tuesday its subsidiary in Southeast Asia has invested in Vietnam s top retailer, VinCommerce.
SK South East Asia Investment acquired 16.3 percent of the firm s shares for 460 billion won ($410 million), as part of a strategic partnership with its parent company, Masan Group, SK said.
Billionaire Nguyen Dang Quang will build The CrownX into a $10 billion firm and change the name of VinMart to WinMart, which will follow a new operation model after Vingroup, owned by Pham Nhat Vuong, leaves.
Update: April, 01/2021 - 14:51 |
Dr Nguyễn Đăng Quang, chairman of Masan Group, lays out the company’s five-year plan at the AGM of the company and its two subsidiaries held in Lào Cai on April 1. Photo courtesy of MSN
SAPA Masan Group Corporation (HOSE: MSN) targets net revenues of VNĐ92-102 trillion (US$3.98-4.4 billion) this year, an increase of 19 – 32 per cent from last year, and profit after tax and minority interest of VNĐ2.5-4 trillion ($108.3-173.3 million), a rise of 103– 224 per cent.
It targets an earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin of 15-20 per cent and NPAT margin of 3-5 per cent due to a positive EBITDA margin for VinCommerce (VCM) and an improving EBITDA margin for Masan MEATLife (MML).
Chronicle Staff March 10, 2021Updated: March 15, 2021, 8:15 am
Sign of encouragement on Castro Theatre marquee in San Francisco on March 15, 2020. Photo: Scott Strazzante, The Chronicle
When attending the arts is a cornerstone of your life, what do you do without showtimes to schedule your weeks around?
Over the past year, Bay Area arts super fans those marathon concertgoers, cinephiles and Shakespeare stans have made major adjustments as in-person performances halted and the art world began experimenting with digital services and outdoor stopgap measures.
Now that we’re coming up on the anniversary of shelter-in-place, The Chronicle caught up with some of the art community’s biggest fans about how they’ve subsisted in the meantime. What they all had in common: hope for a safe return, nostalgia for the camaraderie of live audiences filled with friends and a longing for that thrill when the house lights go down and the show starts.