(BDT) – On April 26, 2021, Deo Ca Traffic Infrastructure Investment JSC (DII) is going to hold the General Meeting of Shareholders in 2021. Accordingly, DII expects net revenue to reach 1.285 billion VND increasing by 7% compare with that in 2020; profit after tax to reach 216 billion VND increasing by 21.3% compare with that in 2020. DII also expects to pay a dividend of 10%/ charter capital and has not specified the form of payment.
In addition, DII is going to ask shareholders’s opinions about the issuance of a maximum of 27,06 million shares to convert loans at the ratio of 10.000 VND : 1 share (meaning 10.000 VND of debt will be converted to one new share). After that issuance process, DII’s charter capital will increase to over 2.944 billion VND. Two creditors will participate in the process including the Northern Infrastructure Investment JSC and Deo Ca Group JSC.
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