The Ho Chi Minh City Technical Infrastructure Investment Joint Stock Company (CII) has just announced a high-level personnel change. Mr. Luu Hai Ca has resigned from the position of a member of the Board of Directors (BOD), and Mr. Le Pham Ngoc Phuong was elected as a new member for the 2022-2027 term. Additionally, CII announced plans to issue bonus shares at a rate of 14%, slated for implementation after the conversion of bonds into shares on May 2, 2025. Furthermore, CII will postpone the dividend payment at the beginning of Q2 2025 to focus resources on the Ho Chi Minh City – Trung Luong – My Thuan expressway expansion project, with a total investment of 39.8 trillion VND, covering a length of 95 km and a maximum speed of 100-120 km/h. The project preparation period will last from 2024 to 2028.
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