CTI: Resolution of General Meeting of Shareholders On April 24, 2020, Cuongthuan Idico Development Investment Corporation announces the Resolution of General Meeting of Shareholders approving to seek shareholders’ written opinion with the following contents:
- Approving to cancel a Resolution of General Meeting of Shareholders No.02/2020/NQ-ĐHĐCĐ dated February 14, 2020 on purchasing treasury shares and public tender offer.
- Approving to plan the share buyback as treasury shares:
- Stock name: Cuongthuan Idico Development Investment Corporation
- Stock code: CTI
- Stock type: common share
- Purpose of buyback: to repurchase shares as treasury shares, to reduce the number of outstanding shares.
- Registered volume: 15,435,000 shares, equivalent to 24.5% number of outstanding shares.
- Trading method: order matching or put through
- Time of implementation: after being approved by the State Securities Commission of Vietnam (SSC). HOSE
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