ALP: ALP likely to be halted & put under supervision

On February 17, the Hochiminh Stock Exchange received the Q4/2013 consolidated financial statements of Alphanam Investment Joint Stock Company (stock code: ALP). Accordingly, its after-tax profit in 2013 is –VND201.62 billion; and its undistributed after-tax profit at December 31, 2013 is –VND237.46 billion.

Currently, ALP stock has been subjected to warning status.

Therefore, if its 2013 audited financial statements are still negative, the ALP stock will be suspended from trading, in accordance with Clause 3 - Article 16 of the Listing Regulations by the Hochiminh Stock Exchange. After the Company has the plan to overcome, ALP stock will be traded in the form of a controlled stock.

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