Vietjet collects its shareholders’ opinion about increasing 2017 estimated dividend payout ratio

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The Board of Directors of Vietjet Aviation Joint Stock Company (HOSE: VJC) approved finalizing the shareholders list to collect shareholders’ opinion in writing about increasing the 2017 estimated dividend payout ratio from 50% to 60%, including maximum 40% cash dividend payment. If being approved, the 2017 estimated dividend payout ratio would be 60%, of which the cash dividend would  rise from 30% to 40%. The purpose of this shareholders’ opinion collection is to make necessary arrangement for the second dividend advanced payment in 2017.

In addition, Vietjet also collects shareholders’ opinion about the change of its business lines and the address of its headquarter to No. 302/3 Kim Ma Street, Ngoc Khanh Ward, Ba Dinh District, Hanoi. The last registration date for submitting shareholders’ opinion is December 19th, 2017.

In Mid August, 2017, Vietjet advanced VND645 billion (around USD28.5 millions) for 20% cash dividend payment of 2017. Before that, Vietjet also paid 40% bonus share dividend, finalized 2016 cash and bonus share dividend payment at the rate of 119%.