VNA: VNA stock likely to be delisted
On January 19, 2017, the Hochiminh Stock Exchange (HOSE) received the Quarter 4/2016 financial statements by Vinaship Joint Stock Company (stock code: VNA). Accordingly, VNA’s paid-in charter capital is 200 billion dongs, the after-tax profit in 2016 is -98.61 billion dongs and the undistributed after-tax profit is -205.47 billion dongs. Therefore, the Company’s cumulated loss exceeds its paid-in charter capital.
Therefore, after receiving VNA’s 2016 audited financial statements, HOSE will consider the possibility of delisting of stock VNA if VNA’s accumulated loss exceeds its paid-in charter capital.
HOSE
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