Jump to content

Government fund subscribes to Vietnam Airlines rights issue


Recommended Posts

Posted

1162703093645801627031151r680x-7916-7380-1631587583_680x408.jpg

A Vietnam Airlines aircraft is seen at Tan Son Nhat International Airport in Ho Chi Minh City in January 2021. Photo by VnExpress/Quynh Tran

 

Vietnam’s sovereign fund has subscribed to Vietnam Airlines’s rights offering amid its accumulating losses due to Covid-19.

 

The State Capital Investment Corporation (SCIC) paid VND6.89 trillion ($303.56 million) to acquire 689.5 million shares and kept its ownership rate in the state-owned carrier at 31.08 percent.

 

The airline’s HVN ticker rose by the maximum allowed 7 percent Monday, its sixth consecutive day of gain.

 

Full Story: https://e.vnexpress.net/news/business/companies/government-fund-subscribes-to-vietnam-airlines-rights-issue-4356208.html

 

vne_international.jpg
-- © Copyright VN Express 2021-09-13

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...