According to the submission to shareholders before the meeting, Cen Land plans to increase capital by issuing about 106 million shares. Of which, about 9.6 million shares are issued to pay dividends in 2020, the number of shares issued to employees in the form of ESOP is about 4.8 million shares, and 91.2 million shares will be offered to the public to existing shareholders.

The amount from increase in capital is used to finance business operations and repay bank loans. Specifically: VND400 billion will be used to receive the transfer of apartments in Thanh Cong cooperative building and the next VND400 billion to repay loans for future houses under the investment project in Hoang Van Thu new urban area; Nearly VND112 billion will be used to repay bank loans.

According to Cen Land, 2021 is expected to be a recovery year for the real estate. This year marks the return of the global economy. Therefore, in 2021, Cen Land plans to grow 89 per cent in revenue and 18 per cent in profit. Revenue from 2021 will reach VND4,000 billion, in which revenue from real estate brokerage is VND1,551 billion, revenue from real estate transfer is VND2,372 billion. Profit after tax is to be VND355 billion, an increase of 18 per cent over 2020.

On March 15, Cen Land announced the establishment of Cen Hanoi, a branch of Cen Land in Hanoi and recruited additional 2,000 realtors. Cen Hanoi's main task is to focus on selling Vinhomes products in Hanoi. Cen Hanoi has wrapped up many successful transactions at Vinhomes Smart City. Meanwhile, Cen Ho Chi Minh City, a branch of Cen Land, has successfully offered Vinhomes projects in Ho Chi Minh City, and was honored to be a Platinum partner from Vinhomes.