On December 29, 2022, Sai Gon Telecommunication & Technologies Corporation (Saigontel) issued a Decision regarding the approval for the transfer of shares in Hung Yen Investment and Development Corporation to Kinh Bac City Development Holding Corporation (stock code: KBC) with details as follows:

-          Owning volume: 54,000,000n shares, equivalent to the ownership ratio is 30%

-          Transfer volume: 45,000,000 shares, equivalent to the ownership ratio is 25%

-          Remaining volume after transferring: 9,000,000 shares, equivalent to the ownership ratio is 5%

-          Expected finish time: December 31, 2022.