VIS: VIS to be put into supervision

On March 26, 2020, the Hochiminh Stock Exchange issued Decision No.131/QD-SGDHCM to put the stock of Viet Nam – Italy Steel Joint Stock Company (stock code: VIS) into supervision status as from April 03, 2020.

Reason: The profit after tax of the Company in 2018 was -326.2 billion dongs and in 2019 was -218.7 billion dongs according to the audited financial statements in 2018 and 2019. This is the case of securities supervised according to Item b, Point 1.1, Clause 1, Article 23 of the Listing Regulations on the Hochiminh Stock Exchange attached to Decision No.85/QD-SGDHCM dated March 19, 2018.

The trading time for VIS shares will be limited (traded only in the afternoon sessions and under the order-matching and put-through methods) on April 03, 2020 and April 06, 2020. Based on the Company’s explanations, the Hochiminh Stock Exchange will announce the resumption of the full-time transaction of VIS in the form of supervised stock.    

HOSE

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>   SWC: Board Resolution (27/03/2020)