IBC: Explanation for plummeting to floor prices

Apax Holdings Joint Stock Company explained the decrease in the floor prices in five consecutive trading sessions from December 14, 2022 to December 20, 2022 as follows:

The stock price of IBC decreased in the recent trading sessions due to the investors who borrowed on margin/mortgage were actively forced to sell from securities companies to quickly recover their loans and this situation continues to happen.

HOSE

>   LBM: BOD resolution dated December 20, 2022 (22/12/2022)

>   GEX: BOD resolution dated December 21, 2022 (22/12/2022)

>   SC5: BOD resolution on bank loan (22/12/2022)

>   CNVL2207: The record date for the list of holders (22/12/2022)

>   CMWG2206: The record date for the list of holders (22/12/2022)

>   CMSN2207: The record date for the list of holders (22/12/2022)

>   CPNJ2204: The record date for the list of holders (22/12/2022)

>   CSTB2214: The record date for the list of holders (22/12/2022)

>   HDB: Report on results of trading of shares by an internal shareholder - Dao Duy Tuong (22/12/2022)

>   SBT: Report on results of trading of shares by an internal shareholder - Dang Huynh Uc My (22/12/2022)