Masterise Group has just tripled its capital, the CEO born in 1995 has 10,000 billion on the stock exchange.

Mr. Minh and his younger sister Ho Thuy Anh - young faces - have soon approached the top 10 richest people on the Vietnamese stock market - Photo: AI drawing

In the most recent business registration update, Masterise Group Joint Stock Company (Masterise Group) announced an increase in charter capital from over VND 2,423 billion to VND 6,727 billion.

Thus, this real estate group famous for high-end projects has increased its capital nearly 3 times after changing its legal representative.

Specifically, at the beginning of this year, Mr. Ho Anh Minh (born in 1995) was appointed as general director and legal representative of Masterise Group, replacing Mr. Tran Hoai Viet Anh (born in 1988).

The history of changes shows that Masterise Group has gone through many rotations of the legal representative position. Mr. Viet Anh has only taken on this position since July 2024, replacing Ms. Phan Thi Anh Tuyet.

Previously, in early 2020, the company had a charter capital of about 547 billion VND, and at this time Mr. Do Tu Anh held the role of Chairman of the Board of Directors and legal representative.

Regarding the current CEO of Masterise Group - Mr. Ho Anh Minh - is known to be the son of Mr. Ho Hung Anh, Chairman of the Board of Directors of Vietnam Technological and Commercial Joint Stock Bank ( Techcombank ), one of the 5 USD billionaires of Vietnam.

According to Techcombank's 2024 governance report, Mr. Minh currently owns more than 344.68 million TCB shares, equivalent to 4.87% of the bank's charter capital.

On the stock market, TCB shares are currently priced at VND29,450, recording a positive increase compared to the beginning of the year. Over the past month, TCB's market price has increased by 14%, and compared to the same period last year, it has increased by about 23%.

With the number of shares he is holding and the growth momentum of market prices, it is estimated that the value of Mr. Minh's securities assets has exceeded the 10,000 billion VND mark.

Mr. Minh and his sister Ho Thuy Anh have soon approached the top 10 richest people on the Vietnamese stock market.

According to updated data on Forbes , the net worth of Mr. Ho Hung Anh (father of Mr. Ho Anh Minh) is currently around 1.9 billion USD.

About Masterise Group, this group was originally named Thao Dien Investment Joint Stock Company (THDI JSC), established in February 2007. Mr. Do Tu Anh was the legal representative of the enterprise.

The name change to Masterise Group was made at the end of 2019. Then in October 2020, the group increased its charter capital from VND 1,423 billion to VND 2,423 billion.

In the Vietnamese real estate market, Masterise Homes - a member of Masterise Group - is an enterprise developing many large-scale real estate projects and pursuing the strategy of becoming a branded real estate developer.

BINH KHANH

Source: https://tuoitre.vn/masterise-group-vua-tang-von-len-gap-3-ceo-sinh-nam-1995-co-10-000-ti-tren-san-chung-khoan-20250517192135883.htm