DCS: Explanation for stock to be on alert

Dai Chau Group Joint Stock Company announced explanation for stock to be on alert as follows:

1.       Reason for negative profit of holding company, year 2012:

-          Transfer of Fixed assets being Real estate in Hochiminh, original buying price at VND25 billion, selling price at VND19 billion, loss of VND6 billion

-          Record to supplement expenses of value added tax at over VND900 million

2.       Late information disclosure within 24 hours

Due to little understanding of regulations as it was the first time the company get audit exception.

HNX

>   DCS: General Mandate 2013 (22/11/2013)

>   DCS: Corporate Governance Report (first 06 months) (22/11/2013)

>   DID: Corporate Governance Report (first 06 months) (22/11/2013)

>   DL1: Explanation on difference in FS 2012 before and after auditing (22/11/2013)

>   FDT: Corporate Governance Report (first 06 months) (22/11/2013)

>   D11: Explanation for audit opinion in FS 2012 (22/11/2013)

>   DBC: Corporate Governance Report (first 06 months) (22/11/2013)

>   CII: CII invests in Tan Hiep Water Project (22/11/2013)

>   HHS: Board Resolution (22/11/2013)

>   SDT: Extraordinary General Mandate 2013 (21/11/2013)