The Board resolution dated January 11, 2019, City Auto Corporation (CTF) approved to buy shares of Mr. Ngo Duc Dung in Auto Truong Chinh Joint Stock Company with the following details:
- Stock name: Auto Truong Chinh Joint Stock Company
- Charter capital: VND230,000,000,000
- Number of shares owned by Mr. Ngo Duc Dung: 13,300,000 shares, equivalent to 57.83% shares of Auto Truong Chinh JSC
- Transfer price: VND15,000/share
- Transfer value: VND199,500,000,000.