FDC: Board resolution on share buyback

Foreign Trade Development and Investment Corporation of Ho Chi Minh City announces the Board resolution dated May 12, 2020 regarding a share buyback as follows:

−        Stock code: FDC

−        Maximum buying volume: 3,862,998 shares (9.999% of charter capital)

−        Financial resource for the share buyback: the capital surplus and/or the owner’s funds according to the latest audited or reviewed financial statements

−        Trading time: after the State Securities Commission approves the documents of share buyback and the Company announces information, within 30 days from the beginning day of transactions; expected in May 2020 and June 2020.

−        Trading method: order-matching or put-through

−        Buying price: market prices and according to regulations. 

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