The Board resolution dated October 28, 2019, Tien Phong Commercial Joint Stock Bank approved to buy shares in the private placement of Tien Phong Securities Corporation (TPS), Details are as follows:

-       Stock name: Tien Phong Securities Corporation

-       Stock code: ORS

-       Stock type: common share

-       Buying volume: 3,960,000 shares, equivalent to 9.9% charter capital before the issuance of TPS.

-       Buying price: VND10,000/share

-       Total value: VND 39,600,000,000

-       Number of shares held after the issuance: 3,960,000 shares, equivalent to 9.008% charter capital after the issuance of TPS.

-       Time of implementation: expected in Q4.2019.