Cuongthuan Idico Development Investment Corporation announces the share buyback as follows:

-          Number of treasury shares before trading: 0 shares

-          Number of shares registered for repurchase: 15,435,000 shares (24.5% of total outstanding shares)

-          Financial source: the Company’s retained earnings, investment development fund and capital surplus.

-          Estimated trading time: from May 21, 2020 to June 19, 2020

-          Trading method: order-matching and/or put-through  

-          Authorized securities company: Hochiminh City Securities Corporation.