MCG: Decision on designating MCG

On April 03, 2014, the Hochiminh Stock Exchange (HOSE) issued Decision No.130/QD-SGDHCM to put the stock of Vietnam Mechanization Electrification & Construction Joint Stock Company (MECO JSC) as a designated stock as of April 11, 2014.

-  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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