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Securities firm denies bankruptcy bid
VNDirect Securities Joint Stock Co director Nguyen Ngoc Thanh has issued a statement denying his enterprise has filed for bankruptcy.
The statement follows on-line reports that the company could not pay its debts.
"We affirm the rumours are a complete fabrication, which badly affect the stock market in general and VNDirect’s prestige in particular," said the statement that was sent to the State Securities Commission (SSC) last week.
Copies of the statement were also sent to inspectors of the Ministry of Information and Communications, the HCM City Stock Exchange (HOSE) and the Ha Noi Securities Trading Centre (HASTC).
Company representatives told Viet Nam News yesterday that the finances of VNDirect Securities were healthy and it continued to invest and develop sustainably.
The speculation about its demise was attributed to possible unhealthy competition in the market.
VNDirect has asked the SSC, HOSE and HASTC to reassure investors about the company to dispel the impact of the on-line reports.
It also wants the individuals and organisations responsible dealt with according to law.
The administrators of www.ttvnonl.com, which carried the original speculation about VNDirect last Wednesday, have reportedly written to the aggrieved company, saying: "We are willing to co-operate with functional agencies and your company (VNDirect) to prevent matters like this."
VNDirect has its headquarters at No 1 Nguyen Thuong Hien Street, Ha Noi; its charter capital is listed at VND300 billion (US$17.6 million).
Rejection
Hoang Anh Gia Lai Co chairman Doan Nguyen Duc has also rejected suggestions made during the past few months that he is being investigated and forbidden from leaving Viet Nam because of his debts.
"I am still living healthily and our company is still operating normally," VnExpress.net quoted him as saying late last week.
"This is shown clearly in company’s prospectus released when we listed shares on the HCM City exchange [on December 22]."
VNS
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