Friday, 24/02/2012 08:22

VSG: Information on the situation of VSG stock

On February 02, 2012, the Hochiminh Stock Exchange received the financial statements of Quarter 4/2011 of South Vietnam Container Shipping Joint Stock Company (VICONSHIP SAIGON). According to the statements, the Company continued losing VND37.4 billion in 2011.

On March 25, 2011, the Hochiminh Stock Exchange issued Decision No.33/2011/QD-SGDHCM to put the stock as a designated stock as from March 29, 2011 because the Company’s profit after tax in 2010 was (-VND40.6 billion). Therefore, if VICONSHIP SAIGON continues having a loss after tax in the 2011 audited financial statements, its stock VSG will be suspended from trading, according to Point 1.3, Article 20 of Listing Regulation on the Hochiminh Stock Exchnage attached with Decision No.168/QD-SGDHCM on December 07, 2007.

The Hochiminh Stock Exchange will consider the trading again of VSG after VICONSHIP SAIGON explains reasons of losses and has plan to surmount the losses.

hose

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