Thursday, 04/04/2013 14:02

VES: Announcement of delisting shares

On April 03, 2013, the Hochiminh Stock Exchange (HOSE) issued Announcement 407/2013/TB-SGDHCM declaring the delisting of stock of Meca Vneco Investment and Electricity Construction Joint Stock Company:

-         Number of shares delisted: 9,007,500 shares

-         Total value: VND90,075,000,000.

-         Delisted on the Hochiminh Stock Exchange under Decision No.122/2013/QD -SGDHCM dated April 03, 2013 by HOSE.

-         Reason: Meca Vneco Investment and Electricity Construction Joint Stock Company violated Article 60.1(dd) of Decree 58/2012/ND-CP by the Government because it had losses (audited) in three consecutive years (in 2010: 4.68 billion dongs, in 2011: 6.89 billion dongs, in 2012: 16.2 billion dongs).

-         Effective date of the delisting: May 03, 2013

-         Last trading date on HOSE: May 02, 2013.

HOSE

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