PXL: PXL faces delisting from HOSE

On January 20, 2016, the Hochiminh Stock Exchange (HOSE) received the consolidated financial statements for Quarter 4/2015 from Idico - Petroleum trading Construction Investment JSC (stock code: PXL). Accordingly, the after-tax profit in 2015 is –VND10.3 billion and the undistributed after-tax profit at December 31, 2015 is –VND14.1 billion. This is the third consecutive year the Company has had losses.   

Therefore, HOSE notes that the stock PXL may be delisted if the Company still has after-tax loss on the 2015 audited consolidated financial statements.

HOSE

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