Vietjet IPO wins prestigious award for “Best Vietnam Deal” in 2017
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Vietjet Aviation Joint Stock Company (HOSE: VJC) has received the “Best Vietnam Deal” award from Asia’s leading publication, FinanceAsia, for its IPO held early 2017.
The prestigious award not only highlighted Vietjet’s highly successful IPO but also the airline’s subsequent performance for the rest of the year, which boosted the position of Vietjet in particular but also Vietnam-based companies on the global capital market in general.
The presentation ceremony for the FinanceAsia Awards, one of the world’s leading awards for the regional finance industry, took place at the Grand Hyatt Hong Kong on January 31, 2018. Mr. Chu Viet Cuong from the Vietjet Board of Directors represented the airline to receive the coveted award.
Leading “a series of successful deals” in 2017, Vietjet’s US$164 million IPO was professionally conducted, involving the consultation of world-renowned law firms and financial institutions for a period of nearly 800 days (due on the listing date, February 28, 2017), and following all the international IPO standards Regulation S.
Earlier, Vietjet was also awarded for “The IPO Deal of the Year 2017” and named “The Company with Best M&A Information Disclosure” at the M&A Awards 2016-2017 Vietnam as part of the Vietnam M&A Forum 2017 in Vietnam.
The airline’s 2016 annual report also received a Platinum Award in early 2017 at the Vision Awards 2016 organized by the League of American Communications Professionals (LACP) which ranked Vietjet fourth out of all awardees from the Asia Pacific region and 11th out of 100 worldwide participating businesses. Themed as “the flight to the future”, the 150-paged annual report received top scores for sub-categories, including First Impression, Letter to Shareholders, Report Financials and sustainable development programs.
Questions & Answers
Q.Which specific award did Vietjet win from FinanceAsia?
Which specific award did Vietjet win from FinanceAsia?
Vietjet Aviation Joint Stock Company received the “Best Vietnam Deal” award from FinanceAsia for its IPO, which was held in early 2017. The award was presented at a ceremony in Hong Kong on January 31, 2018.
Q.What was the value of Vietjet’s IPO, and how long did the process take?
What was the value of Vietjet’s IPO, and how long did the process take?
Vietjet’s IPO was valued at US$164 million. The professional preparation for the listing took nearly 800 days, involving consultations with world-renowned law firms and financial institutions before the listing date of February 28, 2017.
Q.Besides the FinanceAsia award, what other accolades did Vietjet receive for its IPO and reporting?
Besides the FinanceAsia award, what other accolades did Vietjet receive for its IPO and reporting?
Vietjet was also named “The IPO Deal of the Year 2017” and “The Company with Best M&A Information Disclosure” at the M&A Awards 2016-2017. Its 2016 annual report won a Platinum Award at the Vision Awards 2016.
Q.How did Vietjet's 2016 annual report perform in the Vision Awards 2016?
How did Vietjet's 2016 annual report perform in the Vision Awards 2016?
The 150-page annual report, themed “the flight to the future,” received a Platinum Award. It ranked fourth in the Asia Pacific region and 11th globally out of 100 participating businesses. It scored highly in sub-categories like First Impression.