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COTECCONS CONTINUES TO ACHIEVE POSITIVE RESULTS FROM ANOTHER BAD DEBT

Posted on 05 / 09 / 2026

Ho Chi Minh City, September 5, 2026 – Coteccons Construction Joint Stock Company (HOSE: CTD) respectfully announces that the Company has received a court decision related to Judgment No. 277/2026/KDTM-PT concerning a dispute over the construction contract for the Kenton Node project.

 

The Company will fully comply with the procedures prescribed by law while maintaining a cooperative approach with relevant parties toward reaching an appropriate agreement to recover the receivable and protect the legitimate interests of Coteccons, its shareholders, and related stakeholders.

 

Risk management and the pursuit of quality growth remain central to Coteccons’ current and long-term strategy. Accordingly, the Company focuses on limiting the emergence or prolongation of bad debts that could affect its financial health, thereby strengthening financial discipline, improving cash flow management efficiency, and building a foundation for sustainable growth.