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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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MWG’s 2025 annual report shows that, as of December 31, 2025, the company’s retail arm—owned by Nguyen Duc Tai—had 33,022 shareholders. This figure is about 3,000 fewer than the number recorded when the shareholder list for the 2025 annual general meeting (AGM) was closed.
Over the nearly two-year period, MWG’s shareholder base declined sharply. Compared with the closing list for the 2024 AGM, MWG lost nearly 11,000 shareholders, even as the company’s stock price nearly doubled during the same timeframe.
At the end of 2025, World Retail Investment Co., Ltd.—a related party to Mr. Tai—was the largest shareholder, holding a 10.439% stake. Mr. Tai also directly held more than 2.2% of the charter capital.
MWG also has foreign investors, including Dragon Capital, which owns more than 5% of the capital.
On April 18, MWG will hold its 2026 AGM in a hybrid format (in-person and online) in Ho Chi Minh City.
At the AGM, the Board will present a business plan targeting net revenue of VND 185,000 billion and consolidated after-tax profit of VND 9,200 billion. These figures represent increases of 18% and 30%, respectively, compared with the previous year. If achieved, MWG would set a new record for its business results.
MWG will also propose a cash dividend of 20% (2,000 VND per share). With nearly 1.47 billion shares outstanding, the company expects to distribute around VND 3,000 billion in dividends.
The payout is planned in two installments in Q3 and Q4 2026, each at 1,000 VND per share. The company described this as a record dividend payout for the retailer owned by Nguyen Duc Tai.
Another key agenda item is the ESOP (employee stock option plan). Based on the AGM 2025 resolution, actual results, and stock performance, the Board will propose issuing more than 7.3 million ESOP shares (0.5%) at a price of VND 10,000 per share.
For 2026, MWG will continue to link the ESOP program to KPI achievement of the business plan and the stock’s performance relative to the VN-Index. If MWG’s stock growth in 2026 versus 2025 is equal to or higher than the VN-Index, the ESOP share count will be A (as defined). If MWG underperforms the VN-Index, the ESOP share count will be A × 80%.

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