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CTI: Resolution of General Meeting of Shareholders
HSX - 2/18/2020 3:14:00 PM
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   Cuongthuan Idico Development Investment Corporation announces the Resolution of General Meeting of Shareholders in writing dated February 14, 2020 as follows:

  1. Approving the plan for the share buyback to make its treasury shares:

-          Sock name: Cuongthuan Idico Development Investment Corporation

-          Stock code: CTI

-          Stock type: common share

-          Expected purchase volume: 18,900,000 shares (equivalent to 30% number of outstanding shares)

-          Time of implementation: approved being by the Vietnam Securities Commission of Vietnam (SSC).

  1. Approving the plan for the public tender offer of CTI shares:

-          Sock name: Cuongthuan Idico Development Investment Corporation

-          Stock code: CTI

-          Charter capital: VND 629,999,970,000

-          Number of outstanding shares: 62,999,997 shares

-          Expected offering ratio: 18,900,000 shares (equivalent to 30% number of outstanding shares).

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