Gov’t passes VNA equitization plan

Illustration photo

Vietnam Airlines (VNA) has its own legal status, seal and account in line with the current regulations; organization and operation in accordance with its Charter, the Enterprise Law and other related regulations.

With over VND14 trillion of charter capital, VNA has over 1.41 billion shares with a par value of VND 10,000  share.

The State holds over 1 billion shares (75% of charter capital); employees over 20 million of shares (1.475%); union organizations 705,092 shares (0.05%); strategic investors with over 282 million of shares  (over 20%) and over 49 million of shares (3.475%) for public auction sale.       

The PM assigned the Ministry of Transport to decide the starting price for VNA shares in the IPO; to decide the criteria and select the strategic investors./.

By Kim Loan