Tuesday, 28/08/2012 14:02

VNI: VINALAND INVEST CORP. does not prepare Q2.2012 consolidated financial statements

Viet Nam Land Investment Corporation has sent a document to HOSE to ask for permission not to prepare its consolidated financial statements for the fiscal period ended 30 June 2012.

-        Reason: Viet Nam Land Investment Corporation has just contributed to set up Phuoc Long Trading & Services Investment Joint Stock Company, in which VINALAND INVEST CORP. holds 98% stake (subsidiary). Phuoc Long Trading & Services Investment JSC officially operated in early 2012. So, the consolidated financial statements the fiscal period ended 30 June 2012 also coincide with the consolidated semi-annual financial statements. To facilitate the accounting work and to ensure the data is audited. VINALAND INVEST CORP will make the consolidated semi-annual financial statements to replace consolidated financial statements the fiscal period ended 30 June 2012.

HOSE

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