Sovico registers to buy 13.7 million Vietjet sharesSovico Holdings Company registered to purchase nearly 13.7 million shares of Vietjet Aviation Joint Stock Company (VJC) between March 26 and April 25. If the transaction is successful, Thao and her related companies and individuals will likely hold nearly 52 per cent of Vietjet’s capital. If the transaction is successful, Sovico will increase its ownership to 34.3 million shares, equivalent to 7.59 per cent, and become a major shareholder in Vietjet. Currently, Nguyen Thi Phuong Thao, Vietjet’s general director and chairman of Sovio, holds 8.76 per cent of Vietjet’s capital. Thus, after the transaction, Thao and her related companies and individuals will likely hold nearly 52 per cent of Vietjet’s capital.

Source: VietNamNet News March 22, 2018 13:52 UTC