On April 6, 2022, in Ho Chi Minh City, Deo Ca Group (DCG) held the 2022 Annual General Meeting of Shareholders. The meeting approved the capital use plan 2022 - 2023 based on actual demand.

Accordingly, DCG would use 4,244 billion VND for investment activities. Mainly, DCG will invest 1,200 billion VND in Deo Ca Traffic Infrastructure Company (HHV).

Overview of the meeting

HHV is a subsidiary of DCG, leading in the field of transport infrastructure investment under the mode of public-private partnership (PPP). So far, the total investment in HHV's projects is more than 60,000 billion VND.

HHV is also an enterprise with extensive experience in managing and operating tunnels and expressways.

According to production and business results in 2021, HHV's revenue reached 1,859 billion VND, up 54.6% compared to the previous year; its profit after tax reached 289 billion VND, up 65% from the prior year; its total assets of more than 32,000 billion VND.

The stock symbol HHV was officially listed on Ho Chi Minh City Stock Exchange (HOSE) with a market capitalization of more than VND 6,000 billion.

TT