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Friday, July 19, 2024

Bamboo Airways denies sale of shares to Chinese investors

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HCMC – Bamboo Airways, a subsidiary of property developer FLC Group, has rejected rumors being circulated on the internet that it has sold 49% of its stake to Chinese investors, reported Thanh Nien newspaper.

According to Bamboo Airways, some Facebook users have shared information from an unverified website stating that the airline had sold the stake to Chinese investors that may help China manipulate Vietnam’s airspace.

In response, the carrier confirmed that it has no Chinese investors and none of its shareholders have received funding from Chinese investors.

The legal department at Bamboo Airways has submitted evidence supporting its position to the competent agencies to help the carrier address the fake news.

Also, the website has been identified on Vietnam’s mainstream media platforms as a source of fake and anti-State news, noted the carrier.

Earlier, FLC Group in its 2019 financial report stated that its current ownership in Bamboo Airways is now 52.1%, down from 100%. However, both FLC and Bamboo Airways have yet to release official information on the investors who purchased the 47.9% stake in the carrier.

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