The Ho Chi Minh Stock Exchange (HoSE) has reminded Cuu Long Investment Development Corporation (CTI) for violating regulations when selling treasury shares. On June 27, CTI placed an order to sell treasury shares contrary to Article 8 of Circular 120/2020/TT-BTC and Article 33 of Decision 22/QD-HDV dated April 18, 2025, failing to comply with price limits and volume ratios. HoSE requires CTI to follow current regulations in future transactions. CTI completed the sale of 8.2 million treasury shares from June 2 to June 30, earning over 183 billion VND at an average selling price of 22,352 VND/share. The sale occurred during a time when the stock price was rising sharply, with CTI closing at 25,300 VND/share on July 7, up over 30% since the beginning of the year, marking the highest level in more than three years.
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