CLP: CLP faces delisting from HOSE

On February 19, 2014, the Hochiminh Stock Exchange received the Q4/2013 consolidated financial statements of Cuu Long Seaproducts Company (stock code: CLP). Accordingly, its after-tax profit attributable to parent shareholders in 2013 is –VND78.8 billion; and its undistributed after-tax profit at December 31, 2013 is –VND87.8 billion, while the paid-up capital is VND80 billion. Currently, CLP stock has been subjected to warning status.

Therefore, if total accumulated losses in its 2013 audited financial statements exceed paid-up capital, CLP 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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