RIC: RIC likely to be put under supervision

According to Decision No.129/QD-SGDHCM on April 03, 2014, the stock RIC of Royal International Corporation (hereinafter called “the Company”) has been subjected to warning status because the Company’s after tax profit was –VND10.22 billion according to 2013 audited financial statements.

Based on the 2014 semi-annual financial statements, the Hochiminh Stock Exchange (HOSE) continued maintaining the warning status of stock RIC because the Company has not overcome the reason.

On January 20, 2015, HOSE received the Q4/2014 financial statements of Royal International Corporation. Accordingly, its after-tax profit until December 31, 2014 was –VND153.012 billion; and its undistributed after-tax profit was –VND117.001 billion.

Therefore, HOSE notes that the stock RIC may be put under supervision status because of its losses in two consecutive years.

HOSE

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>   CIG: CIG be put under supervision (09/03/2015)

>   CIG: CIG put under Supervision (09/03/2015)