HBC: HBC corrects the information on the sale of the Chairman’s shares

On March 31, 2020, some media posted the information that Mr. Le Viet Hai, Board Chairman of Hoa Binh Construction Group Joint Stock Company, was sold his shares as mortgage. Therefore, Hoa Binh Construction Group Joint Stock Company sent a correction letter with the main content as below.

           The Covid-19 pandemic has affected the economy of Vietnam as well as the business performance of Hoa Binh Construction Group Joint Stock Company. However, the Board of Directors has provided solutions to solve difficulties and control the negative effects of the Covid-19.

Therefore, Hoa Binh Construction Group Joint Stock Company confirmed that the information that the shares of the Chairman were sold as mortgage would not occur as posted by the media. The Company believed that it will overcome the difficult period and grow stronger after the crisis.

HOSE

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