Friday, May 3, 2024
HomeSE AsiaIntellasia East Asia News - VietJet plans to sell 15pct stake, raise...

Intellasia East Asia News – VietJet plans to sell 15pct stake, raise $300 million via international bond sale

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

 

Category: Business, Economy, Vietnam


Print This Post

Source link

- Advertisment -