UPDATE: ANA Holdings completes the purchase of 8.77% of Vietnam Airlines

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By TESTCustomwebLP TESTCustomwebLP July 6, 2016 11:05

UPDATE: ANA Holdings completes the purchase of 8.77% of Vietnam Airlines

ANA Holdings (ANA Group) has successfully completed the purchase of 8.77% of Vietnam Airlines officially becoming a strategic shareholder of the national flag carrier in the process.

Vietnam Airlines is expected to hold the 2016 shareholders meeting earlier than usual in order to elect ANA Holdings to the board and adopt a plan to increase charter capital by issuing additional shares offered to its existing shareholders. State ownership will fall to 65 per cent under the company’s restructuring plan.

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By TESTCustomwebLP TESTCustomwebLP July 6, 2016 11:05