The Board resolution dated January 06, 2022, the BOD of Transimex Corporation approved the plan to sell shares of Cho Lon Investment and Import Export Corporation (CLX) with details as follows:
- Selling volume: 15% of number of outstanding shares, equivalent to 12,990,000 shares
- Trading method: order matching and/or put through
- Time of implementation: expected in Quarter 4/2021 and/or Quarter 1/2022.