MCG: Announcement of designating MCG
On April 03, 2014, the Hochiminh Stock Exchange issued Announcement No.398 /TB-SGDHCM to put the stock of Vietnam Mechanization Electrification & Construction Joint Stock Company (stock code: MCG) as a designated stock.
- Stock MCG of Vietnam Mechanization Electrification & Construction Joint Stock Company has been designated as of April 11, 2014 according to Decision No.130/QD-SGDHCM dated April 03, 2014 by the Hochiminh Stock Exchange.- Reason: Loss after tax of equity holders of the parent until December 31, 2013 was VND176.53 billion and undistributed loss after tax was VND171.98 billion according to the financial statements after auditing. MECO JSC 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.
- Stock MCG of Vietnam Mechanization Electrification & Construction Joint Stock Company has been designated as of April 11, 2014 according to Decision No.130/QD-SGDHCM dated April 03, 2014 by the Hochiminh Stock Exchange.
- Reason: Loss after tax of equity holders of the parent until December 31, 2013 was VND176.53 billion and undistributed loss after tax was VND171.98 billion according to the financial statements after auditing. MECO JSC 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.
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