Friday, 25/01/2013 09:34

DRH: DRH likely to be stopped trading and supervised

On January 21, 2013, the Hochiminh Stock Exchange received the Quarter 4/2012 financial statements of Dream House Investment Corporation (stock code: DRH). Accordingly, the Corporation’s profit after tax in 2012 was -VND9,535,873,364, and its undistributed profit at December 31, 2012 was -VND12,625,175,063.

The DRH stock has been under warning status from April 13, 2012 according to Decision No.47/2012/QD-SGDHCM dated April 11, 2012 because the Corporation’s profit after tax in 2011 was -VND3,920,034,841 and its undistributed profit at December 31, 2011 was -VND3,089,301,699.

Therefore, if the 2012 audited financial statements of Dream House Investment Corporation are negative, the DRH stock will be suspended trading under the provisions of Point 1.3 - Clause 1 - Article 20 of the Listing Regulations attached with Decision No.168/QD-SGDHCM dated July 12, 2007. After the Corporation has plan to overcome, the DRH stock will be traded as a supervised stock (the trading time will be limited within 15 minutes of the closing periodic order-matching session).

HOSE

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