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SII to establish a project enterprise
HSX - 8/27/2015 4:08:00 PM
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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.
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