Thursday, 27/08/2015 16:10

SII: SII to establish a project enterprise

On August 25, 2015, the Board of Directors of Sai Gon Water Infrastructure Corporation (Saigon Water) approved to establish a project enterprise in order to execute the project “Expanding Can Tho 2 Water Plant, with the capacity of 50,000 m3/day”.

-          The expected name of the project enterprise: Sai Gon – Can Tho Water Plant Joint Stock Company

-          Charter capital: VND50 billion

-          Capital structure:

Shareholder

Capital contribution ratio

Amount

Sai Gon Water Infrastructure Corporation

77%

38.5 billion VND

Cantho 2 Water Supply Joint Stock Company

3%

1.5 billion VND

Ms. Truong Thu Dung

20%

10 billion VND

Total

100%

50 billion VND

 

Sai Gon Water Infrastructure Corporation was approved to pay an advance amount of 500 million VND to the project enterprise.

HOSE

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