Vietjet bags ‘Best Vietnam Deal’ award for its 2017 IPO
Vietjet Aviation Joint Stock Company was recently presented the ‘Best Vietnam Deal’ award in recognition of its successful IPO held in early 2017 by Finance Asia, Asia’s leading finance publication.
A true testament to Vietjet’s well executed IPO as well as the airline’s subsequent accomplishments throughout the year, the award successfully lifts Vietjet and other Vietnam based companies’ position in the global capital market. The Finance Asia Awards, one of the world’s leading awards in the regional finance industry, recognises the region’s most significant transactions and the financial institutions that advised on them. Mr. Chu Viet Cuong, a member of Vietjet’s Board of Directors, received the award on behalf of the airline.
Valued at a total of US$164 million, Vietjet’s IPO was executed under the guidance of widely acclaimed law firms and financial institutions over a period of nearly 800 days (listed on HOSE on 28 February 2017) and followed all international Regulation S IPO standards.
Earlier last year, Vietjet was also honoured at the M&A Awards 2016-2017 as “The IPO Deal of the Year 2017” and “The Company with the Best M&A Information Disclosure” as part of the Vietnam M&A Forum 2017.
Furthermore, Vietjet’s 2016 annual report also received the Platinum Award at the Vision Awards 2016 held by the League of American Communications Professionals (LACP) in the beginning of 2017. The airline ranked fourth amongst the nominees in the Asia Pacific region and 11th out of 100 worldwide participating businesses. Entitled ‘The Flight to the Future’, the 150-paged annual report, was graded with top scores under the criteria for First Impression, Letter to Shareholders, Report Financials, and sustainable development programs.