The identity of the 'reddest' shareholder of the congress season, attending an extraordinary meeting at CII, immediately won 500 million

The Trung Luong – My Thuan Expressway project operated by CII has started collecting tolls since August 2022 – Photo: QUANG DINH

Due to its dispersed shareholder structure, Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII) has repeatedly failed to organize its general meeting of shareholders, even when giving gifts of gratitude.

Learning from experience, at the extraordinary general meeting of shareholders held today, January 15, CII organized a lucky draw for shareholders who own 1,000 shares or more.

According to the announced results, an individual shareholder named Tran Ngoc Be won the special prize worth 500 million VND, and another individual shareholder named Nguyen Quoc Thai won the first prize worth 100 million VND.

In addition to the two cash prizes, CII also awarded 13 other prizes in the form of iPhone 16 Pro Max 256 GB and gold to shareholders.

Previously, according to the published minutes of the meeting, CII shareholders approved many important contents.

Specifically, the investment/participation in the bidding to select an investor for the "investment project to build and expand the Ho Chi Minh City - Trung Luong - My Thuan expressway" was approved by shareholders, with more than 85% approval rate.

According to CII's board of directors, this is an investment project under the PPP method (BOT contract), without the participation of state budget capital.

The Ho Chi Minh City – Trung Luong – My Thuan Expressway is approximately 91.126km long, connecting the Mekong Delta with Ho Chi Minh City; the Southeast provinces; Long Thanh airport and key seaports in the South.

CII Company has participated in investing (holding 89%) in the Trung Luong - My Thuan Expressway BOT project, so the company's board of directors assessed that continuing to invest in this project will bring great benefits to CII, ensuring a long-term and sustainable investment portfolio for CII in the coming years.

In addition, CII shareholders also approved the plan to issue 2 convertible bond packages to the public, including package 1 with a maximum value of 2,000 billion VND and package 2 with a maximum total value of 2,500 billion VND. This content has an approval rate of more than 84%.

CII is a large enterprise in the South, established in 2001, operating mainly in the field of construction and infrastructure exploitation, especially in the form of build-operate-transfer (BOT) and build-transfer (BT) contracts.

CII's BOT projects include: National Highway 1A bypass expansion project (BOT Ninh Thuan 1), BOT Ninh Thuan 2, Hanoi Highway expansion investment project, DT 741, Rach Mieu bridge project, Co Chien bridge project, Trung Luong - My Thuan.

Source: https://tuoitre.vn/danh-tinh-co-dong-do-nhat-mua-dai-hoi-di-hop-bat-thuong-o-cii-trung-ngay-500-trieu-20250115200921591.htm