SHN: Explanation for 05 consecutive floor-plunging sessions

On 24/04/2012, Hanoi Investment General Corporation explained the 05 consecutive floor-plunging sessions from 13/04/2012 to 19/04/2012 as follows:

- The Company has not recovered the overdue debt from BETA BQP JSC. This debt is big and all operations of the Company are being suspended due to shortage of capital. In 2011, the Company lost VND63,780,067,250.

- The information relating to bad debts of BETA BQP JSC and the loss of the Company in FY2011 are main reasons causing the stock price fall continuously recently.

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