LTC: Explanation for auditor\u2019s opinion in reviewed semi-annual FS 2013

(17 September 2013) Low Current - Telecom JSC explained the auditor’s opinion in reviewed semi-annual FS 2013 as follows:

The subsidiary of the Low Current – Telecom JSC is not a listed organization and not a large-size public company, therefore, according to Circular 52/2012/TT-BTC, the financial statement of the Company is not necessary to be inspected by an independent auditor. In order to save expense, ensure the highest profit for shareholders, the Board of Management of the subsidiary did not have the semi-annual financial statement reviewed by an auditor.

The Board of Directors of the Low Current – Telecom JSC continued to supervise the operation of the subsidiary and found that the semi-annual financial statement of the subsidiary was still ensured of truthfulness and reasonability and not affecting the Company’s operating result despite not being reviewed by an independent auditor.

HNX

>   NPS: Corporate Governance Report (first 06 months) (18/10/2013)

>   EID: Explanation for audit\u2019s note in FS (First 06 months) (02/10/2013)

>   VPC: Annual Corporate Governance Report 2012 (02/10/2013)

>   SD5: Selection of Auditor for Fiscal year 2013 (02/10/2013)

>   SCR: Board resolution (02/10/2013)

>   SDT: Board resolution (02/10/2013)

>   VNR: Board Resolution (02/10/2013)

>   SCL: Change in Board of Director (04/10/2013)

>   SD7: Corporate Governance Report (first 06 months) (07/10/2013)

>   EID: Explanation for the auditor\u2019s opinion in reviewed semi-annual FS 2013 (02/10/2013)