Group related to billionaire Ho Hung Anh increases capital, enters aviation sector

(Dan Tri) - Masterise Group increased its capital from nearly VND6,727 billion to VND35,227 billion. The company increased the number of registered business lines from 23 to 61.

According to information from the National Business Registration Portal, on August 19, Masterise Group Joint Stock Company (Masterise Group) completed its capital increase from nearly VND6,727 billion to VND35,227 billion. However, the company did not disclose information about its shareholder structure after the increase in charter capital. In March, the company increased its charter capital from more than VND2,423 billion to nearly VND6,727 billion.

In addition to increasing its charter capital, the company also increased its business lines. Previously, the company registered 23 business lines with the main business line being real estate trading, land use rights owned, used or leased.

In this announcement, the enterprise registered 61 business lines, adding a number of new business lines such as direct support services for air transport, airport cargo handling, providing airline meals, providing aviation fuel, operating tours ...

The predecessor of Masterise Group was Thao Dien Investment Joint Stock Company. The initial legal representative was Ms. Do Tu Anh (born in 1974). In November 2019, the company changed its name to Masterise Group Joint Stock Company. Ms. Tu Anh is the Chairwoman of the Board of Directors and legal representative.

In February 2020, the company increased its capital from nearly VND 547 billion to VND 1,000 billion. The legal representative was transferred from Ms. Do Tu Anh to Ms. Phan Thi Anh Tuyet - General Director. By May 2020, the company increased its capital to more than VND 1,423 billion and to more than VND 2,423 billion in October 2020.

Cash transaction at a bank (Photo: Manh Quan).

In January 2025, Mr. Ho Anh Minh (born in 1995) was the General Director and Legal Representative of this group. Mr. Minh is the son of Mr. Ho Hung Anh, Chairman of Techcombank (stock code: TCB).

According to Techcombank's 6-month management report for 2025, Mr. Ho Anh Minh is Vice Chairman of the Board of Directors at Masterise Group. Mr. Ho Anh Ngoc (Mr. Ho Hung Anh's younger brother) is Chairman of the Board of Directors of Masterise Group. Ms. Nguyen Thi Thanh Thuy (Mr. Ho Hung Anh's wife) is Vice Chairman of the Board of Directors of this enterprise. Mr. Nguyen Duc Thuan (Mr. Ho Hung Anh's brother-in-law) is also Vice Chairman of the Board of Directors of the group.

Mr. Ho Anh Minh is also General Director of Masterise Homes Real Estate Development Company Limited.

Masterise's first real estate project is the Masteri Thao Dien residential area (HCMC). The project portfolio of this unit includes The Grand Hanoi, Masteri West Heights, Millennium, Lumiere Riverside, Grand Marina Saigon...

Source: https://dantri.com.vn/kinh-doanh/tap-doan-lien-quan-den-ty-phu-ho-hung-anh-tang-von-lan-san-mang-hang-khong-20250822113727892.htm