On April 18, 2025, Ho Chi Minh City Infrastructure Technical Investment Corporation (CII) held its annual shareholders’ meeting with over 53% of shareholders attending. The company set a revenue target of 3.888 trillion VND, a decrease of 10%, and a net profit of 335 billion VND, down 37% from 2024. CII plans to issue 77 million bonus shares, raising its charter capital to 6.264 trillion VND after approval. In 2025, CII will focus on maintaining BOT projects, resolving legal issues in Thu Thiem, and developing several new infrastructure projects, including the TOD project in Hang Xanh. CEO Le Quoc Binh emphasized that the company does not borrow in USD, which reduces exchange rate risks, and that undistributed profits are sufficient to pay a 12% dividend in 2025. CII also aims to invest 95% of its assets in infrastructure. The TOD project raised many concerns; Mr. Binh stated that the company will work with Arup to manage risks and provide reasonable compensation for affected residents.
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