Vietnam's Bamboo Airways eyes Q3 listing with market cap of US$2.73bil


Bamboo-Airways-Cabin-Crew

HANOI, March 20 (Reuters): Vietnam's startup Bamboo Airways said has announced that it aims to list its shares on a local stock exchange in the third quarter and raise its domestic market share to 30% by the end of this year from 20% currently.

The company plans to list 105 million shares on either the Hanoi Stock Exchange or the Hochiminh Stock Exchange at an initial price of 60,000 dong (US$2.60) each, potentially putting its market capitalisation at US$2.73 billion, chairman Trinh Van Quyet said.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

As more Asean states turn to Moscow for fuel, will the Bear loom larger in the region?
Myanmar 'considering good things' for detained Suu Kyi: Thai FM
Thailand moves to end 60-day visa-free stays to screen out unwanted visitors
State Administration must proceed as usual, ensure orderly governance, says Negri Ruler
Ex-Jakarta agency head faces charges in deadly landfill collapse
Malaysia's diplomatic stand in Middle East conflict well received by Iran and US, says Zahid
Jail term upheld for Singapore woman who lied about address to enrol daughter in primary school
Over 1,000 people urged to evacuate as wildfires rage in north-eastern Japan
Asian shares track Wall Street to record highs but higher oil prices a risk
FBM KLCI bounces higher, but stays range-bound

Others Also Read