CMT: CMT implements the plan for solving the shareholders interests

On October 04, 2018, the BOD of Information and Networking Technology Joint Stock Company (CMT) approved the plan for solving the interests of shareholders when CMT’s stock delisted on Hochiminh Stock Exchange (HOSE) and transfer to UpCom. To solve this, the company will buy its treasury shares. Details are as follows:

-       Stock name: Information and Networking Technology Joint Stock Company

-       Stock code: CMT

-       Stock type: common shares

-       Par value: VND10,000/share

-       Expected purchase volume: 10% of number of common shares

-       Current treasury shares volume: 716,630 shares (equivalent to 8.96% of number of shares issued.)

-       Number of shares registered to buy: 800,000 shares (equivalent to 10% of number of shares issued.)

-       Purpose: to ensure the interests of shareholders when the company cancels the listing of shares on HOSE and transfer to UpCom.

-       Purchase price: VND8,000/share

-       Trading method: order matching or put through

-       Time of implementation: expected November 2018 or December 2018.                  

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