AsemconnectVietnam - While publicly offering to buy shares of Nam Bay Bay Investment Joint Stock Company (code NBB - HOSE), Ho Chi Minh City Infrastructure Investment Joint Stock Company (code CII - HOSE) continues to announce a new project investment plan.

On August 26, Ho Chi Minh City Infrastructure Investment approved a plan to participate in investing in a new project with a total investment of VND1,118.8 billion. Of which, detailed information was not disclosed.
It is known that in the 2023 Annual Report, in addition to the infrastructure construction sector, Ho Chi Minh City Infrastructure Investment said that it has been participating in the development of many real estate projects.
Notably, in the Thu Thiem area (Thu Duc City, Ho Chi Minh City), Ho Chi Minh City Technical Infrastructure Investment through its subsidiary, the North Thu Thiem Area One Member Co., Ltd., is in the preparation stage for investment in projects such as Lakeview 4 with an area of 9,474 m2, D'Vernal project with an area of 9,474 m2, Riverfront Residence project with an area of 5,823 m2, The River 2 project with an area of 19,882 m2, Lot 1-18 commercial office building with an area of 6,054 m2... In addition, through its subsidiary, Nam Bay Bay Investment Joint Stock Company, this unit is also investing in the Son Tinh - Quang Ngai Residential Area project with an area of 102 ha, the NBB II High-rise Apartment Project (Ho Chi Minh City) with an area of 7.88 ha, the NBB Garden III High-rise Apartment Project (Ho Chi Minh City) with an area of area of 5.27 ha, the project of the high-end resort combined with the residential area De Lagi (Binh Thuan) with an area of 124.53 ha.
In addition, recently, Ho Chi Minh City Technical Infrastructure Investment has just approved the details of the public offering plan for NBB shares of Nam Bay Bay. In which, CII plans to offer to buy 5 million NBB shares at a price of VND25,488/share to increase ownership from 54.53% to 59.52% of charter capital, the time to receive registration documents for sale from investors is from August 19 to October 1.
N.Nga
Source: VITIC/Tinnhanhchungkhoan