Vietnam’s budget airline VietJet Aviation (VJC.HM) is seeking shareholder approval for its plans to sell a stake of up to 15 percent via a private placement, and to raise $300 million through a bond sale on international markets, the company said on Tuesday.
VietJet said in a statement it is targetting a 20 percent rise in revenue this year to 21.9 trillion dong ($951.35 million), adding it will hold a shareholders’ meeting later on Tuesday.
($1 = 23,020.0000 dong)
https://www.reuters.com/world/asia-pacific/vietjet-plans-sell-15-stake-raise-300 million-via-intl-bond-sale-2021-06-29/c
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