PTL: Be put under control

HOSE officially informed about putting the stock of Petro Capital & Infrastructure Investment Joint Stock Company (Petroland JSC) under control as follows:

-         Putting PTL under control as from April 11, 2014 according to Decision No. 138/QD-SGDHCM dated April 03, 2014 by HOSE. PTL stock will be halted trading as from April 11, 2014.

-         Reason: Loss after tax of equity holders of the parent in 2012 was VND1.32 billion and Loss after tax of equity holders of the parent in 2013 was VND137.15 billion according to 2012&2013 audited financial statements, Petroland JSC 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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