STT: Be put under control

HOSE officially informed about putting the stock of Saigontourist Transport Corporation (Satraco) under control as follows:

-         Putting STT under control as from April 10, 2014 according to Decision No. 128/QD-SGDHCM dated April 02, 2014 by HOSE. STT stock will be halted trading as from April 10, 2014.

-         Reason: Loss after tax of equity holders of the parent in 2013 was VND17.78 billion and Loss after tax of equity holders of the parent in 2012 was VND21.63 billion according to 2013 audited financial statements, Satraco 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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