On April 24, 2023, Kirin Capital was honored to attend the annual shareholders’ meeting of Deo Ca Traffic Infrastructure Investment Joint Stock Company (HHV). The Kirin Capital delegation included Mr. Tran Van Khien, Deputy Investment Director, and Ms. Bui Minh Ngoc, Assistant Director.
At the meeting, Deo Ca reported on the company’s performance and business results for 2022, as well as the plan for 2023. The shareholders also approved essential proposals, including adding new business sectors for the company, increasing the charter capital, and the plan to increase charter capital by issuing new shares to existing shareholders. If approved, the expected increase in HHV’s charter capital will be VND 1,779.8 billion, bringing the total charter capital to VND 4,857 billion, up from VND 3,078 billion.
In addition to the meeting, Kirin Capital also visited the Hai Van Pass road tunnel project, which is one of the projects with high technical requirements and many specific factors. Deo Ca is a leading investor in transportation infrastructure under the public-private partnership method, with a total investment in projects of more than VND 50,000 billion, contributing to the economic and social development of the country.
The meeting is an opportunity for Kirin Capital to gain deeper insights into the business, in order to make precise and growth-oriented investment decisions. As an efficient and pioneering investor, Kirin Capital will continue to seek investment opportunities and promote cooperation with Vietnamese businesses, exploring the potential of the Vietnam market.