The Board of Directors of Hochiminh City Infrastructure Investment Joint Stock Company on February 02 approved important issues as follows:
1.
Business plan for 2013:
The Board of Directors approved the 2013 business plan and will submit
it to the 2013 annual general meeting:
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Revenue: VND 778,503,000,000
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Expense: VND 451,345,000,000
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Profit before tax: VND 327,158,000,000
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Profit after tax: VND 311,156,000,000
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Minimum dividend rate: 12%
2.
Organizing the 2013 annual general meeting of
shareholders:
The Board of Directors approved contents of the meeting and authorized
the Management to decide a record date, time and venue for the meeting.
3.
A new bond issuance:
The Board of Directors approved to allow CII to issue new bonds:
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Issuer: Hochiminh City Infrastructure Investment Joint Stock
Company
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Purpose: to invest in Sai Gon 2 Bridge Project.
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Issue value: VND 1,000 billion.
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Bond term: 06 years
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Issue method: by a private placement.
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Issue currency: in VND.
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Bond type: corporate bond, unconvertible, unsecured.
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Bond interest: 14%/year.
