CII signs an investment transfer agreement

On May 17, 2012, Hochiminh City Infrastructure Investment Joint Stock Company (CII) signed an investment transfer agreement to transfer stake in CII’s joint venture to a foreign investor.

-         With this agreement and other current agreements, CII hopes to gain much profit in 2012. Accordingly, CII’s profit after tax in 2012 is expected over VND375 billion, exceeding the profit target (about 121% plan), and EPS more than VND5,000/share.

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