INVESTORS CII
HO CHI MINH CITY INVESTMENT TECHNICAL INFRASTRUCTURE JOINT STOCK COMPANY
International name: Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII).
History begin
Ho Chi Minh City Technical Infrastructure Investment Joint Stock Company (CII) was established at the end of 2001 before capital formation for investment projects in the field of technical infrastructure development increased. The founding shareholders of the company include:
+ Ho Chi Minh City Urban Development Investment Fund (HFIU) is currently the Ho Chi Minh City State Financial Investment Company (HFIC). Has an initial capital contribution of 45 billion VND, this figure is equivalent to 15% of charter capital.
+ Thanh Nien Chong Phong Import-Export Production and Trading Company, Ho Chi Minh City (VYC). Contribute capital of 15 billion VND (5% of charter capital)
+ Ho Chi Minh City Investment and Service Joint Stock Company (INVESCO), contributing VND 15 billion (5% of charter capital)
The birth of CII operating in the model of a financial investment organization has contributed to the implementation of socialization - investment in the state's infrastructure system. CII's capital comes from the medium and long-term capital mobilization of financial institutions; idle capital from the people; from other economic sectors.
On May 18, 2006, CII increased its ability to raise capital when listing 30 million shares on the Ho Chi Minh City Stock Exchange. Ho Chi Minh City (HOSE). It can be seen that this is a leading company in raising capital on the stock market, the main investment area is infrastructure. Therefore, during this period, the project's shares entered the Top 30 stocks with large market capitalization.
In 2011, the company successfully issued another 40 million USD of bonds; transferred to Goldman Sachs Group. That marked a new step of CII in the process of mobilizing capital from foreign investors.
2012: Ayala Corporation – a strategic investor became a major shareholder of the company, thereby contributing to promoting the development strategy of the international management system.
2013: CII has restructured its finances, up to now, the company has participated in the charter capital of 1 company in the field of infrastructure. Among them, there are 9 subsidiaries.
Gih received the total capital of the participating company equivalent to about 3,000 billion VND. This capital was many times higher than the capital from the financial market, invested in the project by forms such as: issuing shares; corporate bonds; convertible bonds; loans from banks. It is expected that in the future, the total investment capital of this investor will reach 20,000 billion VND.
With a period of 14 years of operation, the company has gradually affirmed its position; its brand in the market as an enterprise with financial potential; leading reputation in the field of infrastructure which includes: transportation infrastructure system; infrastructure at KDC; industrial park infrastructure; clean water production and supply system; toll services for transportation infrastructure.
Vision: The company has a future vision to develop into a leading investment group in the field of infrastructure development in the Vietnamese market with a focus on bridges and roads; traffic; production – clean water treatment.
Mission: Invest in essential technical infrastructure projects that contribute to the rapid and sustainable development of society. Along with that, responsible cooperation with leading partners in all fields to bring the highest profit; ensure the best benefits for shareholders.
Create all the best conditions and opportunities for employees in the company to promote their talents. At the same time, improve the material and spiritual life for the contribution of all employees.
Objectives: CII operates and develops with the goal of socializing the investment field, developing the urban infrastructure - technical system; invest in the construction of traffic infrastructure; production - supply - waste treatment.
CII improves the efficiency of urban technical infrastructure development investments by establishing a financial company with huge capital mobilization capacity. Forming a professional unit in the field of infrastructure investment, development and exploitation.
Developing new investment capital mobilization channels; medium and long-term investment capital from financial institutions in; foreign; from idle capital in the people; especially economic sectors to invest in infrastructure and technical development.
Recently, CII has focused on investment in infrastructure. Despite many difficulties and challenges, the growth results recorded an increase over the years with the investment project portfolios; forming a new operating model to create a solid premise for the company's long-term and stable development.
For CII operating in the field of transport infrastructure, the demand in the future is huge. The advantages for CII when investing in this field include:
+ This is an investment industry that has many supportive policies; Incentives from the government with efforts in creating the best environment, attracting investment capital from foreign enterprises will be supported to speed up the legality, compensation and clearance process.
+ Benefit from a number of separate sanctions to help increase interest rates and shorten investment recovery time.
+ Supported and facilitated when borrowing from banks
+ Enjoy corporate income tax incentives
+ Huge and stable source of profits for a long time for large-scale infrastructure projects
+ CII enjoys higher internal rate of return, low risk; safe cash flow for bond investment, additional profit when the valuation of cash flow is changed
For the field of clean water treatment and wastewater supply, at present, with rapid urbanization, only 60% of the urban population has a regular source of clean water. Along with that, 1.5 billion m3 of untreated wastewater/year has been discharged directly into the natural market. In fact, only about 7% of wastewater has been through a standard treatment system. From these figures, there is a need to increase the rate of using clean water for people, thereby helping to improve the ecological environment becomes a necessary factor to implement.
Development Orientation: CII in the future will become a leading corporation in the field of infrastructure development and construction.
In the field of investment: for the time being, CII will focus on building road and bridge projects; clean water production.
In the future, CII will expand its investment to such fields as: wastewater treatment; parking lot; garbage disposal;…
At the same time, CII will be more flexible in using many different types of financial instruments to mobilize as well as recover capital in the following forms: project transfer to the state (BT); receive the right to collect fees (BOT); advance investment capital for the project to receive the transfer of the right to collect fees; exchange, buy and sell shares for BOT companies.
Effectively use financial leverage with activities: selling future premium cash flows to banks, insurance companies…, issuing shares through IPO; issue more shares.
Company restructuring process
After 14 years of operation, CII has created a relatively good foundation for development. However, the company's current governance model is no longer suitable for the situation, so from the beginning of 2013, the company has restructured the company's operating model with such items as:
+ Divide the company's activities into 5 main areas: bridge - road; water; construction implementation; Real estate; service.
+ Become CII Holdings, manage 5 specialized subsidiaries, in which:
*CII Water: formed when restructuring capital of Saigon Water Infrastructure Company (SII)
*CII E&C: restructuring the company 565
*CII Service: thành lập mới Công ty TNHH Một Thành Viên Dịch vụ Hạ tầng
*CII Service: new establishment of Infrastructure Service One Member Limited Company
*CII Land: Establishing CII Land company in the field of real estate
CII Holdings plays the main role in management, operation and coordination for CII Group. From there, conduct research, project development, capital management and investment project management; support and arrange capital for the projects of subsidiaries; calling for direct and indirect investment capital for projects.
Subsidiaries are responsible for managing the exploitation of the project; effectively use the mobilized capital in order to create added value for the enterprise, helping to improve the assigned capacity and expertise; implementing the association with subsidiaries, optimizing resource use
Companies established by CII Group:
+ Cii Bridge and Road Investment Joint Stock Company (Cii B&R)
+ Saigon Water Tank Joint Stock Company
+ Cii Infrastructure Construction Joint Stock Company (Cii E&C)
+ Infrastructure Service One Member Company Limited
