Vietnam’s low cost airline VietJet nears $200m IPO in Dec

VietJet, Vietnam’s first discount airline, is launching its long-planned IPO in December and has started meeting with investors, according to IFR, a publication by Thomson Reuters. The IPO, which was previously expected to be an overseas listing, will be receiving orders between December 1 and 12, the publication said, citing an anonymous source. It also added that the $1.4b budget carrier intended to sell 20% for the listing debut. VietJet, founded in 2007, had earlier commenced pre-marketing for the IPO as it said in 2013 to conduct the listing in Singapore or Hong Kong.<br/>
Deal Street Asia
http://www.dealstreetasia.com/stories/vietnams-low-cost-airline-vietjet-nears-200m-ipo-in-dec-58908/
11/22/16