PIT: Decision on putting PIT under control

On March 17, 2014, HOSE had Decision No.61/QD-SDGHCM to put the stock of Petrolimex International Trading Joint Stock Company (PITCO) as under control as of March 24, 2014.

• Reason: Profit after tax of PITCO in 2013 was –VND17.6 billion and undistributed profit after tax of VISCO at December 31, 2013 was –VND21.07 billion, PITCO violated Point b, Clause 1.1, Article 16 of the Listing Regulations on the Hochiminh Stock Exchange and Decision No.10/QD-SGDHCM dated January 13, 2014.
• VIS stock will be halted trading as from March 24, 2014.

HOSE

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