MWG 2026 AGM: Plans to expand Bach Hoa Xanh and the DMX IPO among topics to be discussed

On April 18, 2026, Mobile World Investment Joint Stock Company (MWG) will hold its 2026 Annual General Meeting of Shareholders, expected to discuss several important topics. At the meeting, MWG's Board of Directors will present a business plan with the goal of net revenue of 185,000 billion VND and consolidated net profit after tax of 9,200 billion VND, representing increases of 18% and 30% respectively from the previous year. If the plan is achieved, MWG will set a new record for business results. Also at the meeting, MWG will present a cash dividend plan of 20% (1 share receives 2,000 VND). With nearly 1.47 billion shares outstanding, MWG is expected to pay nearly 3,000 billion VND to shareholders. This is the largest payout by the retailer owned by Mr. Nguyen Duc Tai to shareholders. The payout is planned to be made in two installments in Q3 and Q4 2026, each installment paying 1,000 VND per share. Another key item is the plan to issue shares under the Employee Stock Ownership Plan (ESOP). Based on the 2025 AGM resolution, realized results and MWG's stock performance, the Board will present to shareholders a plan to issue more than 7.3 million ESOP shares (0.5% stake) at 10,000 VND per share. In 2026, MWG will continue to tie the ESOP program to KPI achievement of the business plan and to the stock's performance relative to the VN-Index. Here are some topics of interest to shareholders at MWG's 2026 AGM: 1. MWG presents a 2026 business plan that is ambitious. How does management assess the feasibility of this plan amid external macroeconomic challenges? 2. BHX is rapidly expanding the network (about 3-4 stores per day). How are sales at newly opened stores, and what is the anticipated maximum sales per store? 3. With the current trajectory, BHX could complete the goal of opening 1,000 new stores this year. What is the final target for BHX stores across the entire network? 4. BHX is focusing expansion in the Northern region. How does management view the challenges in this market, given Winmart's broad coverage, especially in major cities? 5. What is the valuation of Dien May Xanh (DMX) at the IPO and how will it affect MWG? 6. In DMX's strategy there is an intention to become a consumer financial ecosystem; how does MWG view this segment? 7. After EraBlue's success, does MWG plan to scale this model to other countries to realize its ambition to become the leading Southeast Asia retail empire? 8. Does MWG plan to open any new business chains in Vietnam? 9. MWG's online business strategy (competing with e-commerce platforms) and how this segment will contribute to growth targets? 10. The development direction of MWG's An Khang pharmacies chain in the coming period? 11. How does management assess the potential of the maintenance service model (Tận Tâm)? 12. The ESOP plan caps the maximum number of shares issued much lower than in prior years; what is the reason for this policy adjustment? 13. MWG presents a historically high dividend plan, significantly higher than in recent years. With ample cash on hand, will this policy continue in coming years? Read more