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Masan Beverage is hoping to acquire the remaining 1.51% stake in Vinacafe Bien Hoa, so as to make the latter its wholly-owned (100%) company.
Masan Beverage, a wholly-owned subsidiary of fast-moving consumer goods firm Masan Consumer, has recently announced the offer to buy the remainding stake in Vinacafe Bien Hoa for some Dong 90 billion (US$3.88 million).
As a leading instant coffee manufacturer in Vietnam, Vinacafe Bien Hoa offers the most attractive dividend in 2017 at up to 660%. In 1st quarter 2020, it reported Dong 483.3 billion (US$20.85 million) in revenue.
