On November 27, 2019, the Board of Directors of Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII) approved the buyback of the convertible bonds (which were issued in 2017) from Korean investor. Accordingly, CII expected to repurchase bonds prior to maturity as follows:

-       Phase 1: repurchasing the bonds issued on January 05, 2017

• Issue value: US$40,000,000
• Issue method: private offering
• Par value: US$100,000/bond
• Issue date: January 05, 2017
• Maturity date: January 05, 2022
• Trading method: direct negotiation
• Condition of the buyback: buying the entire bonds issued on January 05, 2017.
• Estimated buying volume: 400 bonds
• Estimated trading date: January 05, 2020.