The Board resolution dated October 28, 2019, Construction Investment Corporation 3-2 approved to raise the investment capital in BOT Joint Stock Company (BOT) to implement the Dong Phu – Binh Duong Street project. Details are as follows:
- Company name: BOT Joint Stock Company (Dong Phu – Binh Duong Street)
- Address: Tran Van Tra, Tan Phu Ward, Dong Xoai City, Binh Phuoc Province.
- Charter capital: VND 225,000,000,000 (C32 held VND 33,750,000,000, accounting for 15% charter capital of BOT).
- Expected additional contribution capital & ratio: VND 22,500,000,000, equivalent to 10%
- Capital and ratio expected to be hold after additional capital contribution: VND 56,250,000,000, accounting for 25%.
- After the transfer completes, Construction Investment Corporation 3-2 will be an associated company of BOT.
- To appoint Mr. Vo Van Lanh, Chairman of BOD cum Chief Executive Officer (CEO) as the representative of stake of Construction Investment Corporation 3-2 in BOT.
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