Vietnam Airlines convened an extraordinary general meeting on Feb 20 to discuss reports on selecting strategic investors amendments to statutes, and elect additional members to the Board of Directors.
The board of directors congratulate two new members (Source: VNA)
Hanoi (VNA) – The national flag carrier Vietnam Airlines convened an extraordinarygeneral meeting on February 20 to discuss reports on selecting strategicinvestors and amendments to the corporation’s statutes, and elect additionalmembers to the Board of Directors.
Theparticipants agreed on a six-member Board of Directors, and elected a newmember - Koji Shibata, a Japanese citizen who is Senior Vice President andStrategic Planning-Asia Pacific Director and responsible for the capital of ANAHoldings Inc in Vietnam Airlines.
The meetingapproved the board’s assignment of Ta Manh Hung, who represents the state-ownedcapital in Vietnam Airlines, to be a member of the board, replacing Nguyen HuyTrang who retired in October 2016.
The selling andleasing back of one Boeing 787-9 and three Airbus A350 planes to be receivedthis year also received approval of the meeting.
One of the important amendments to the company’sstatutes adopted at the meeting was the sale of 8.771 percent of its chartercapital to Japan’s biggest airline group -ANA Holdings Inc, earning 2.2 trillion VND (99.5 million USD), raising its totalcharter capital to over 12.2 trillion VND (540 million USD).
Vietnam Airlines put more than1.2 billion shares on the UPCOM market earlier this year, making thecompany one of the public firms with the biggest capitalisation on this tradingfloor.
The airline announced asyndicated profit of 2.5 trillion VND (110 million USD) in 2016, a year-on-yearincrease of 140 percent, exceeding its annual target by 7 percent. The company contributed about 4.9 trillion VND (215.6 million USD)to the State budget in the year, an 11 percent rise from the previous year. It operated roughly 133,000 flights carrying 20.6 millionpassengers in 2016, up 18.7 percent over 2015. It also transported 264,000tonnes of goods, exceeding its annual target by 10 percent.-VNA
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The board of directors congratulate two new members (Source: VNA)
