SSC fines public firm for late document submission
The State Securities Commission fined Can Tho Urban Joint Stock Company VND7.5 million (US$333,300) for the late submission of their public firm document on July 6.
Can Tho Urban Joint Stock Company became a public firm in July 2015, with charter capital of more than VND53 billion and 318 shareholders. Yet, it only handed over the document to the SSC this year.
Under local regulations, the document should have been submitted one month after the company became a public firm.
bizhub
> Vinapharm IPO announced to June 22 (16/06/2016)
> PV Power privatisation to be completed this year (08/06/2016)
> Foreign telecom firms interested in Mobifone's long-awaited privatisation (03/06/2016)
> Vinalines’ deferred IPO deters foreign investors (30/05/2016)
> Sabeco, Habeco say no to exchange (16/05/2016)
> Vinafor earns $11.03 million from IPO (23/04/2016)
> Bac A Bank set for IPO by 2020: general director (21/04/2016)
> PM approves VEAM equitisation plan (08/04/2016)
> Nam Thang Long Hospital privatisation plan approved (02/03/2016)
> Vissan IPO attracts 142 investors (05/03/2016)