The transaction is expected to be executed via an agreement on the HOSE system between December 17, 2025, and January 15, 2026. CII stated that the purpose of the deal is to consolidate investment holdings within its subsidiary.
Following the transaction, CII‘s direct ownership in LGC will decrease from 49.08% to 46.72%. Conversely, CII Service’s stake will rise from 0.77% to 3.13%. As this is an internal transaction, the total ownership of the CII group in LGC remains unchanged at 54.84%.
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Projected ownership of CII group in LGC post-transaction
Source: CII
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CII‘s move comes shortly after LGC completed an offering of nearly 19.3 million shares to existing shareholders at 10,000 VND per share on December 5. Consequently, LGC‘s charter capital increased from over 1.9 trillion VND to more than 2.1 trillion VND.
Prior to this offering, CII Service held no shares in LGC. However, during the offering period, CII Service acquired 16.3 million purchase rights from CII and CII Invest, enabling it to purchase over 1.6 million newly issued LGC shares (0.77%).
Earlier in December 2025, CII Service also acquired 2.9 million shares of Nam Bay Bay Investment Corporation (HOSE: NBB), representing a 2.9% stake. Previously, CII Service held no shares in NBB.
In terms of relationships, CII Service is a subsidiary of CII Trade and Investment Company Limited (CII Invest). Meanwhile, CII Invest is a subsidiary of CII.
CII Service was established in 2013, originally as CII Infrastructure Service One-Member Limited Liability Company. Initially owned by CII, it was transferred to CII Invest in November 2024. Subsequently, CII Service was renamed CII Service and Investment One-Member Limited Liability Company and underwent successive capital increases. In less than a year, its charter capital rose from 10 billion VND to 1.8 trillion VND.
– 5:28 PM, December 12, 2025
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