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Vietjet seeks shareholders opinion on dividend

payout increase for 2017

(Ho Chi Minh City, December 1, 2017) - The Board of Directors of Vietjet Aviation Joint Stock Company (stock code HoSE: VJC) approved on November 29, 2017 a resolution finalizing the shareholders list to collect shareholder opinion on increasing the 2017 estimated dividend payout ratio from 50% to 60%, including a maximum 40% cash dividend payment. If being approved, the 2017 estimated dividend payout ratio would be 60%, of which the cash dividend would rise from 30% to 40%. The purpose of this opinion collection exercise is to make necessary arrangements for the second dividend advanced payment in 2017. In addition, Vietjet will also collect the opinion of shareholders on the change of its business lines and the address of its headquarters to No. 302/3 Kim Ma Street, Ngoc Khanh Ward, Ba Dinh District, Hanoi City. The registration deadline for submitting opinion in writing is December 19, 2017. In mid-August this year, Vietjet advanced VND 645 billion (around USD 28.5 million) as 20% cash dividend payment for 2017. Before that, Vietjet also paid a 40% bonus share dividend and finalized the 2016 cash and bonus share dividend payment at the rate of 119%.
About Vietjet: Vietjet is the first airline in Vietnam to operate as a new-age airline with low-cost and diversified services to meet customers’ demands. It provides not only transport services but also uses the latest e- commerce technologies to offer various products and services for consumers. Vietjet is a member of the International Air Transport Association (IATA) with the IATA Operational Safety Audit (IOSA) certificate. The airline was also named as one of the Top 500 Brands in Asia 2016 by global marketing research company Nielsen, the “Best Asian Low Cost Carrier” at the TTG Travel Awards 2015, which compiles votes from travelers, travel agencies and tour operators in throughout Asia and Asia’s Best Employer Brand by the Employer Branding Institute and World HRD Congress for many years. The airline was also rated as one of the top three fastest growing airline brands on Facebook in the world by Socialbakers. Currently, the airline boasts a fleet of more than 50 aircraft, including A320s and A321s, and operates 350 flights each day. It has already carried more than 50 million passengers and opened 78 routes in Vietnam and across the region to international destinations such as Thailand, Singapore, South Korea, Taiwan, Hong Kong, Mainland China, Malaysia, Indonesia, Myanmar and Cambodia…                                                                                      Looking ahead, the airline plans to expand its network across the Asia Pacific region. To prepare for this plan, Vietjet has signed agreements with the world’s leading aircraft manufacturers to purchase more brand-new and modern aircraft.   For more information, please visit www.vietjetair.com Like Vietjet on Facebook, https://www.facebook.com/Vietjethongkong, follow us on Twitter, @Vietjetvietnam, and watch our videos at https://www.youtube.com/user/Vietjetvietnam   Next News Update  
MissBitchy Created by the SnS Team
Copyright 2018 - 2019 Hi-Tech Development Co., Ltd. All rights reserved  

News

Vietjet seeks shareholders opinion on dividend

payout increase for 2017

(Ho Chi Minh City, December 1, 2017) - The Board of Directors of Vietjet Aviation Joint Stock Company (stock code HoSE: VJC) approved on November 29, 2017 a resolution finalizing the shareholders list to collect shareholder opinion on increasing the 2017 estimated dividend payout ratio from 50% to 60%, including a maximum 40% cash dividend payment. If being approved, the 2017 estimated dividend payout ratio would be 60%, of which the cash dividend would rise from 30% to 40%. The purpose of this opinion collection exercise is to make necessary arrangements for the second dividend advanced payment in 2017. In addition, Vietjet will also collect the opinion of shareholders on the change of its business lines and the address of its headquarters to No. 302/3 Kim Ma Street, Ngoc Khanh Ward, Ba Dinh District, Hanoi City. The registration deadline for submitting opinion in writing is December 19, 2017. In mid-August this year, Vietjet advanced VND 645 billion (around USD 28.5 million) as 20% cash dividend payment for 2017. Before that, Vietjet also paid a 40% bonus share dividend and finalized the 2016 cash and bonus share dividend payment at the rate of 119%.
About Vietjet: Vietjet is the first airline in Vietnam to operate as a new-age airline with low-cost and diversified services to meet customers’ demands. It provides not only transport services but also uses the latest e-commerce technologies to offer various products and services for consumers. Vietjet is a member of the International Air Transport Association (IATA) with the IATA Operational Safety Audit (IOSA) certificate. The airline was also named as one of the Top 500 Brands in Asia 2016 by global marketing research company Nielsen, the “Best Asian Low Cost Carrier” at the TTG Travel Awards 2015, which compiles votes from travelers, travel agencies and tour operators in throughout Asia and Asia’s Best Employer Brand by the Employer Branding Institute and World HRD Congress for many years. The airline was also rated as one of the top three fastest growing airline brands on Facebook in the world by Socialbakers. Currently, the airline boasts a fleet of more than 50 aircraft, including A320s and A321s, and operates 350 flights each day. It has already carried more than 50 million passengers and opened 78 routes in Vietnam and across the region to international destinations such as Thailand, Singapore, South Korea, Taiwan, Hong Kong, Mainland China, Malaysia, Indonesia, Myanmar and Cambodia…                                                                                      Looking ahead, the airline plans to expand its network across the Asia Pacific region. To prepare for this plan, Vietjet has signed agreements with the world’s leading aircraft manufacturers to purchase more brand-new and modern aircraft.   For more information, please visit www.vietjetair.com Like Vietjet on Facebook, https://www.facebook.com/Vietjethongkong, follow us on Twitter, @Vietjetvietnam, and watch our videos at https://www.youtube.com/user/Vietjetvietnam   Next News Update