HLA: HLA CORP faces delisting from HOSE
On December 31, 2014, the Hochiminh Stock Exchange received the Quarter IV/2014 financial statements and 2014 audited financial statements of Huu Lien Asia Corporation (HLA CORP). Accordingly, Profit after tax in 2014 was –VND475.63 billion, the Company’s undistributed profit after tax at September 30, 2014 was –VND656.42 billion, the Company’s paid-up capital is VND344.59 billion. Therefore, at September 30, 2014, the total accumulated losses exceeded the paid-up capital of the Company. HLA shares will have to be delisted, based on Point dd - Clause 1 - Article 60 of Decree No.58/2012/ND-CP.
HOSE
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