Hochiminh City Infrastructure Investment Joint Stock Company has started the negotiation with investors in order to implement deals with the total estimated value of 4,780 billion dongs.
In the first stage, investors will pay CII 3,600 billion dongs. Of which, 1,050 billion dongs will be paid in cash at the time of agreement signing, and 2,550 billion dongs will be invested by buying the bonds issued by CII. In the second stage, investors will pay CII 3,730 billion dongs in cash or equivalent.
The deals are expected to be completed in December 2019 or maybe in early January 2020.