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Submitted by ctv_en_8 on Fri, 05/19/2006 - 10:00
As many as 275,600 shares of the Ho Chi Minh City Infrastructure Investment Company (CII) were listed on May 18 at the Ho Chi Minh City Securities Trading Centre.

The CII, the 36th company that currently accounts for 30 million shares on the Ho Chi Minh City bourse, is the third largest firm listed after the Vietnam Milk Company (Vinamilk) and the General Forwarding and Agency Company (Gemadept).

The company's participation helps increase the diversity of the stock exchange and gives investors more choices, as it is the first listed company to be involved in infrastructure development investment.

Alongside a project to purchase the right to collect tolls on Dien Bien Phu and Kinh Duong Vuong streets, the company is working on other plans to build roads and bridges, water supply systems and industrial zone infrastructure.

The company has a statutory capital of VND300 billion, which is expected to increase to VND400 billion through the issuance of bonds.

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