Vietnam Dealbook: Sovico ups stake in Vietjet Air; SCIC sells MB Bank shares

Vietnam Dealbook: Sovico ups stake in Vietjet Air; SCIC sells MB Bank shares

Vietjet president & CEO Nguyen Thi Phuong Thao (right) is seen here with colleagues. Photo: Sovico Holdings website

Sovico Holdings, which is 52 per cent owned by Vietjet Air CEO Nguyen Thi Phuong Thao, will increase its ownership in the budget airline to 7.59 per cent while SCIC has offloaded 500,000 shares of Military Bank.

Sovico increases ownership in Vietjet Air

Sovico Holdings, 52 per cent owned by Vietjet Air CEO Nguyen Thi Phuong Thao, has registered to buy additional 13.67 million shares, lifting its ownership to 7.59 per cent in the low-cost airline.

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