HCM CITY — Vietjet Aviation Joint Stock Company will list 300 million shares on the HCM Stock Exchange (HOSE) in late February after it managed to retain an approval for the same. With the daily trading limit of 20 per cent on either side, the aviation company’s share price could range between VNĐ72,000 and VNĐ108,000 per share. On January 25, Vietjet registered its 300 million shares with the Vietnam Securities Depository. According to Reuters, Vietjet has sold 44.8 million shares of current shareholders to institutional investors at VNĐ84,600 per share, and 3.5 million shares to individual investors for VNĐ86,500 per share. According to a recent report by Vietnam Enterprise Investment Limited (VEIL) run by Dragon Capital, the investment fund on January 19 owned $43 million worth of Vietjet shares.

Source: Viet Nam News February 10, 2017 11:16 UTC