Tuesday, 14/02/2017 16:30

CLG: CLG faces delisting from HOSE

According to Dispatch No.383 dated April 02, 2015 and Dispatch No.492 dated April 04, 2016, HOSE reminded Cotec Investment and Land-house Development JSC about the late disclosure of the 2014 and 2015 audited financial statements of parent company and consolidated.

 According to Point k, Provision 1, Article 60, Decree No.58/2012/ND-CP, securities will be delisted if the listed firms delay submitting their financial statements in three consecutive years. Therefore, CLG must announce its 2016 audited financial statements in time to avoid the case of mandatory delisting.

HOSE

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