According to the resolution of the General Meeting of Shareholders of Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII) dated May 20, 2022, the General Meeting of Shareholders approved: (1) the plan for issuing shares to raise capital at a rate of 14% (“bonus shares”), and (2) a cash dividend payout ratio of 12% in 2022.
On August 19, the Board Chairman issued a decision approving the implementation of the plans above. Accordingly, the Company will apply the bonus issuance materials to the State Securities Commission right after the reviewed interim financial statements for the first half of 2022 (estimated in late August 2022). CII will notify shareholders about a record date for a shareholder list for receiving bonus shares after getting the approval from the State Securities Commission.
CII will carry out procedures to pay the 2022 dividend in cash at the rate of 12% right after the 2022 audited financial statements are issued.