LCG: LCG likely to be halted & put under supervision

- On February 28, 2014, the Hochiminh Stock Exchange received the Q4/2013 consolidated financial statements of LICOGI 16 Joint Stock Company (stock code: LCG). Accordingly, its after-tax profit attributable in 2013 is –VND254.86 billion; and its undistributed after-tax profit at December 31, 2013 is –VND230.26 billion. Currently, LCG stock has been subjected to warning status.

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

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