14:03 09/11/2021

Vietnam Airlines picks up $350mln from public share offering

Hà Anh

Vietnam Airlines has sold 796,103,327 shares in a public offering, equal to 99.51 per cent of the total available for sale, earning over VND7.961 billion ($350 million). It will use the funds to repay overdue debts, make up for the shortfall in business activities, and repay short-term and long-term bank loans.

Photo: Illustration
Photo: Illustration