Monday, 24/03/2014 15:33

KAC: Decision on sanctions for administrative violations.

On March 19, 2014, The State Securities Commission issued Decision No. 234/QD-XPVPHC on sanctions for administrative violations committed by the Khang An Investment Real Estate Joint Stock Company.

-  Applying the fine of VND70,000,000 in line with Point a, Clause 3, Article 33 of Decree No. 85/2010/ND-CP.

-  Because the company committed administrative violations against regulations on information disclosure in untimely releasing the following documents:

·         Financial statements for Q1/2012 and Q4/2012

·         Reviewed annual financial statements for 2012

·         Company administration report for 2012

·         Annual report for 2011, 2012

·         Audited financial statements for 2012

·         Explanation for stock price

·         Board Resolution on resignation of Vice President

-  The decision took effect from the date of signing.

HOSE

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