Japan’s largest airline group the ANA Holdings (ANA Group) has successfully completed the transaction to hold 8.771% of Vietnam Airlines shares. Vietnam Airlines is expected to hold the 2016 extraordinary meeting of shareholders earlier than September 30, 2016 in order to elect ANA Holdings Inc to the board, amend the Statute of the Corporation and adopt a plan to increase charter capital by issuing additional shares offered to its existing shareholders.
ANA Group’s joining as official shareholder is of great significance for the long-term development of Vietnam Airlines. The carrier will be provided with a firm foundation to launch its fleet renewal program by adding new-generation aircraft, expanding markets, improving the quality and efficiency of service and operation. After completing the share transaction to ANA Group, Vietnam Airlines will continue to look for potential financial investors to issue additional shares in order to increase its charter capital and reduce the State’s share to 75.
News & Image Sources: Internet.