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Vietjet’s IPO wins prestigious award for “Best Vietnam Deal” in 2017

February 5, 2018 Accolades No Comments Email Email

Vietjet Aviation Joint Stock Company (HOSE: VJC, parent company of Thai Vietjet which has official offices located at Suvarnabhumi international Airport) has received the “Best Vietnam Deal” award from Asia’s leading publication, Finance Asia, for its IPO held in early 2017.

The criteria for the award not only factored Vietjet’s highly successful IPO but also the airline’s subsequent performance for the rest of the year; this boosted the position of Vietjet in particular but also Vietnam-based companies on the global capital market in general.

Accordingly, the ceremony for the Finance Asia Awards, one of the world’s leading awards for the regional finance industry, took place at Grand Hyatt Hong Kong on January 31, 2018. Mr. Chu Viet Cuong from Vietjet’s Board of Directors represented the airline to receive the award.

Leaving “a series of successful deals” in 2017 in its wake, Vietjet’s US$164 million (5,143 million Baht) IPO was professionally conducted, involving the consultation of world-renowned law firms and financial institutions for a period of nearly 800 days (due on the listing date, February 28, 2017), and following all the international IPO standards Regulation S.

Earlier, Vietjet was also awarded “The IPO Deal of the Year 2017” and named “The Company with Best M&A Information Disclosure” at the M&A Awards 2016-2017 Vietnam, as part of the Vietnam M&A Forum 2017 in Vietnam.

The airline’s 2016 annual report also received a Platinum Award in early 2017 at the Vision Awards 2016 organized by the League of American Communications Professionals (LACP) which ranked Vietjet fourth out of all awardees from the Asia Pacific region and 11th out of 100 worldwide participating businesses. Themed as “the flight to the future”, the 150-paged annual report received top scores for sub-categories, including First Impression, Letter to Shareholders, Report Financials and sustainable development programs.

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