VIX: Explanation for 5 consecutive ceiling-hitting sessions

On 08/07/2011, Xuanthanh Securities Joint Stock Company (HNX: VIX) explained the 5 consecutive ceiling hitting sessions of stock VIX from 01/07/2011 to 07/07/2011 as follows:

- The operation of Xuanthanh Securities Joint Stock Company is regular as the plans approved by Annual General Meeting of Shareholders 2011. At present, Xuanthanh Securities joint stock company is concentrating in stabilizing company’s organization:

- Establishing Ho Chi Minh City branch

- Moving the headquarter from L2 Floor, Vincom Center, No.72 Le Thanh Ton and 47 Ly Tu Trong, Ben Nghe ward, District 1, Ho Chi Minh city to 5th and 6th Floor, No.37 Nguyen Dinh Chieu, Le Dai Hanh ward, Hai Ba Trung District, Ha Noi City

- The 5 consecutive ceiling-hitting sessions of VIX was because of the demand of the stock market and was out of company’s control.

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