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VietNamNews

Chemicals company fined for securities fraud

Update: July, 20/2012 - 10:10

HA NOI — Duc Giang – Lao Cai Chemicals Co was fined VND230 million (US$10,900) for fraud in sales of securities. The State Securities Commission fined the company VND200 million for carrying out a public offering of securities without registering with the commission. The remaining VND30 million in fines was for filing a registration to be a public company 12 months late. — VNS

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