The Board resolution of Information and Networking Technology Joint Stock Company dated December 11, 2018 approving the plan for purchasing the treasury shares as follows:
- Stock name: Information and Networking Technology Joint Stock Company
- Stock code: CMT
- Stock type: common share
- Par value: VND10,000/share
- Number of shares held before trading: 716,630 shares (equivalent to 8.96% number of issued shares).
- Number of shares expected to be bought: 800,000 shares, equivalent to 10% number of common shares.
- Number of shares expected to be held after trading: 1,516,630 (equivalent to 18.96% number of issued shares).
- Purpose: to solve the shareholder’s interest as the delisting on the Hochiminh Stock Exchange (HOSE) and transfer to Upcom trading floor.
- Trading method: order matching
- Time of implementation: expected from December 2018 to January 2019.