ROADSHOW: AIRPORTS CORPORATION OF VIETNAM (ACV) SHARE INVESTMENT OPPORTUNITY

- 19/11/2015 5:08:00 PM


Today, November 19th 2015, at Meliá Hanoi, Airports Corporation of Vietnam (ACV), co-operated with Bank for Investment and Development of Vietnam Securities JSC (BSC), held a roadshow to promote investment opportunity in ACV shares. Over 300 interested organizations and individuals of the Northern Vietnam attended.

The roadshow provided (potential) investors with helpful information about corporatizing ACV – parent company and with answers to the questions on potential growth of the group prior to its initial public offering (IPO).
In accordance with Decision No. 1710/2015/QĐ-TTg dated October 6th 2015 of the Prime Minister, ACV’s charter capital is VND 22,430,985,040,000. In which:
-    The State’s controlled shares: 1,682,323,878 units, equivalent to 75% of charter capital
-    Shares sold to employees with preference, in accordance with Item 1 Article 48 Decree 59/2011/NĐ-CP: 9,220,000 units, equivalent to 0.41% of charter capital;
-    Shares sold to employees with preference, in accordance with Item 2 Article 48 Decree 59/2011/NĐ-CP: 22,127,800 units, equivalent to 0.99% of charter capital;
-    Shares sold to Trade Union with preference: 3,003,003 units, equivalent to 0.13% of charter capital;
-    Shares sold to strategic investors: 448,619,701 units, equivalent to 20% of charter capital
-    Shared bid publicly to regular investors: 77,804,122 units, equivalent to 3.47% of charter capital.
The IPO will take place on Hochiminh Stock Exchange on December 10th 2015 using public bidding method. Quantity of shares to be bid: 77,804,122 units, equivalent to 3.47% of charter capital, face value: VND 10,000 per unit. Starting price: VND 11,800.
At the roadshow in Hanoi, representative from BSC presented analysis and evaluation about the investment opportunity in ACV shares from an independent advisor point of view.
Following this Hanoi roadshow, ACV will hold a similar roadshow at the White Palace convention center, Phu Nhuan District, Hochiminh City on November 23rd, 2015.
 

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