Vietjet’s IPO wins prestigious award for “Best Vietnam Deal” in 2017
The Vietjet Aviation Joint Stock Company (HOSE: VJC) has received the “Best Vietnam Deal” award from Asia’s leading publication, Finance Asia, for its IPO held in early 2017.
The Vietjet Aviation Joint Stock Company (HOSE: VJC) has received the “Best Vietnam Deal” award. (Photo: Vietjet Air)
Hong Kong (VNA) - The Vietjet Aviation Joint Stock Company (HOSE: VJC) has received the “Best VietnamDeal” award from Asia’s leading publication, Finance Asia, for its IPOheld in early 2017.
The criteria for the award not onlyfactored Vietjet’s highly successful IPO but also the airline’s subsequentperformance for the rest of the year, which boosted the position of Vietjet inparticular but also Vietnam-based companies on the global capital market ingeneral.
Accordingly, the ceremony for the FinanceAsia Awards, one of the world’s leading awards for the regional financeindustry, took place at Grand Hyatt Hong Kong on January 31, 2018. Chu VietCuong from Vietjet's Board of Directors represented the airline to receive theaward.
Leaving “a series of successful deals” in 2017 behind, Vietjet’s 164 million USD IPO was professionally conducted, involving the consultation of world-renownedlaw firms and financial institutions for a period of nearly 800 days (due onthe listing date, February 28, 2017), and following all the international IPOstandards Regulation S.
Earlier, Vietjet was also awarded for “TheIPO Deal of the Year 2017” and named “The Company with Best M&A InformationDisclosure” at the M&A Awards 2016-2017 Vietnam as part of Vietnam M&AForum 2017 in Vietnam.
The airline’s 2016 annual report also received a Platinum Award in early 2017 atthe Vision Awards 2016 organized by the League of American CommunicationsProfessionals (LACP) which ranked Vietjet fourth out of all awardees from theAsia Pacific region and 11th out of 100 worldwide participatingbusinesses. Themed as “the flight to the future”, the 150-paged annual reportreceived top scores for sub-categories, including First Impression, Letter toShareholders, Report Financials and sustainable development programmes.-VNA
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