HAG: HAG changed from warning status to supervision
On April 20, 2021, the Hochiminh Stock Exchange has issued a decision to change the shares of Hoang Anh Gia Lai Joint Stock Company (stock code: HAG) from warning status to supervision status as of April 28, 2021.
Reason: The profit after tax of the parent company’s shareholders in 2020 was -1,255.66 billion dongs, and the undistributed profit after tax at 12/31/2020 was -6,301.66 billion dongs, according to HAG’s 2019 and 2020 audited consolidated financial statements. Besides, the Company made retroactive adjustments to the data in 2018 and 2019, making the undistributed profit after tax at 12/31/2019 be -4,766.21 billion dongs.
HAG shares will be limited in transaction time (only traded in afternoon sessions with order-matching and put-through methods) as of April 28, 2021.
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