Masan’s Shareholders concern risks of the transaction with Vissan

Masan will spend VND 1,424 billion on buying 14% share of Vissan, which is considered a lot of risks by most of shareholders.


General Meeting of Shareholders of Masan group in April 1st in Ho Chi Minh City made a few of shareholders nervous because of this purchase. Masan decided to buy 14% share of Vissan corporation which cost VND 1,424 billion, it means that VND 126,000 per share. Many shareholders believed that it would be too many risks to conduct this transaction.
Answering their questions, the representative of Masan Nutri – Science said that if people looked at the problem in terms of an investment opportunity, it would be exactly a risk. However, we might receive lots of advantages for a long-termstrategy of Masan. Because of the leader position of Vissan in the food sector, Masan researched the capacity of this company and trusted to their decision. After achieving the agreement, Masan will improve the model named 3F (Farm-Feed -Food). 
We are not the unit only selling food, we will participate the agricultural sector. Our company hopes to achieve the highest profit and growth of 30% this year. When cooperating to Vissan, Masan will be le leader of the animal protein source market in Vietnam. In next three to five years, we may supply enough food products to HCMC market.
Beside that, most of sectors which are invested by Masan have good growth rates with high revenues.
Despite of the high profit in recent years, we have not shared dividends to shareholders. We believe that keeping cash will help the company invest and develop more opportunities. Now, Masan has much more one billion dollar in cash and can payback to investors in the highest level.
In 2016, Masan plans to achieve VND 42,000 - 45,000 billion. In 2015, the revenue of this group achieved VND 31,324 billion and the profit was VND 2,527 billion.

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