VIS: Be put under control

HOSE officially informed about putting the stock of Viet Nam – Italy Steel Joint Stock Company under control as follows:

-          Putting VIS under control as from March 11, 2014 according to Decision No. 61/QD-SGDHCM dated March 04, 2014 by HOSE. VIS stock will be halted trading as from March 11, 2014.

-          Reason: Profit after tax of VISCO in 2013 was –VND27.8 billion and Profit after tax of VISCO in 2012 was –VND16.6 billion according to 2013 audited financial statements, VISCO 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.

-          Based on explanation of the company, Hochiminh Stock Exchange will be noticed on the stock to be traded again but put under control.

HOSE

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