Monday, 24/02/2014 16:23

VIS: VIS likely to be halted & put under supervision

On January 21, 2014, the Hochiminh Stock Exchange received the Q4/2013 financial statements of Viet Nam – Italy Steel Joint Stock Company (stock code: VIS). Accordingly, its after-tax profit in 2013 is –VND27.8 billion; and its undistributed after-tax profit at December 31, 2013 is –VND43.16 billion.

Therefore, if its 2013 audited financial statements are still negative, the VIS 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, VIS stock will be traded in the form of a controlled stock.

HOSE

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