Cuongthuan Idico Development Investment Corporation announces Board Resolution No.07/2020 dated March 27, 2020 as follows:

The Board of Directors expected to repurchase 6,300,000 shares, equivalent to 10% of the total outstanding volume.

-       Stock code: CTI

-       Buying volume: 6,300,000 shares

-       Trading method: order-matching or/and put-through

-       Trading time: after the State Securities Commission allowed the share buyback and within 30 days from the beginning day of transactions.

-       Agent for transactions: Hochiminh City Securities Corporation.