On May 27, 2019, City Auto Corporation announces the stock issuance to pay dividend for 2018 and to raise capital from the owner’s equity as follows:

-       Stock name: City Auto Corporation

-       Stock code: CTF

-       Stock type: common share

-       Par value: 10,000 dongs

-       Number of shares issued: 39,600,000 shares

-       Number of outstanding shares: 39,600,000 shares

-       Number of treasury shares: 0 share

-       Number of shares expected to be issued: 5,940,000 shares

-       Total value (based on par value): VND59,400,000,000

-       Exercise ratio:

+ Stock issuance to pay dividend for 2018:  10:1 (shareholder who owns 10 shares will receive 01 new share.)

+ Stock issuance to raise capital from the owner’s equity: 20:1 (shareholder who owns 20 shares will receive 01 new share.)

-       Record date: June 07, 2019

-       Plan to deal with fractional shares: The distributed shares will be rounded down, the fractional shares will be cancelled.