Tuesday, 25/02/2014 16:08

PXM: PXM faces delisting from HOSE

- On February 17, 2014, the Hochiminh Stock Exchange received the Q4/2013 consolidated financial statements of Mientrung Petroleum Construction Joint Stock Company (stock code: PXM). Accordingly, its after-tax profit in 2013 is –VND152.23 billion; and its undistributed after-tax profit at December 31, 2013 is –VND261.39 billion, while the paid-up capital is VND150 billion. Currently, PXM stock is being traded in the form of a controlled stock code.

-  Therefore, if total accumulated losses in its 2013 audited financial statements exceed paid-up capital are still negative, PXM stock will be delisted form HOSE in accordance with Point 2 - Clause 1 - Article 19 of the Listing Regulations by the Hochiminh Stock Exchange.

HOSE

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