Friday, 11/04/2014 15:23

LGL: Decision on designating LGL

On April 10, 2014, the Hochiminh Stock Exchange (HOSE) issued Decision No.151/QD-SGDHCM to put the stock of Long Giang Investment and Urban Development Joint Stock Company (LONG GIANG LAND ) as a designated stock as of April 17, 2014.

-  Reason: In 2013, Loss after tax of of equity holders of the parent was VND49.77 billion and undistributed profit after tax was VND28.14 billion according to consolidated financial statements after auditing. LONG GIANG LAND violated Point 1.1b&c, Article 15 of the Listing Regulations on the Hochiminh Stock Exchange and Decision No.10/QD-SGDHCM dated January 13, 2014.

HOSE

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