Vietjet files application for listing on HoSE

Thursday, Jan 19, 2017 14:29

Vietjet has filed for listing of its entire 300 million shares on the HCM Stock Exchange. — VNS Photo

Vietnamese budget carrier Vietjet has filed a listing application to the HCM Stock Exchange.

Following the approval, Vietjet will float its entire 300 million shares on the bourse, HOSE said in a statement on its website.

Earlier last month, Reuters reported that the airline has set its initial public offering (IPO) of 44.78 million shares, equal to 14.9 per cent of the firm’s chartered capital of VND3 trillion (US$133.3 million), to raise US$170 million.

The share price will be VNĐ84,600 for institutional investors and VND86,500 for individual investors. The IPO will value the firm at $1.2 billion.

Separately, Vietjet said it is hunting for dynamic and customer-focused candidates to join the airline’s friendly and professional cabin crew to keep pace with the rapid development of its domestic and international networks.

Successful candidates will attend intensive training courses in Viet Nam and other foreign countries, enjoy an attractive income, many other benefits and unlimited promotion opportunities within the group, the airline said in its statement. — VNS

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