On February 26, 2020, Ho Chi Minh City Development Joint Stock Commercial Bank announces the selling of treasury shares as follows:
- Number of treasury shares before trading: 18,370,208 shares
- Number of shares registered to sell: 3,345,120 shares
- Purpose: to sell treasury shares for employees, total proceeds will be used to supplement its working capital.
- Expected trading period: from March 09, 2020 to April 07, 2020
- Selling price: VND 10,000/share
- Trading method: to transfer rights via the Vietnam Securities Depository (VSD).
- These shares will be restricted in 03 years from the finish date of the issue.