Monday, December 5 2016

VietNamNews

SSC fines public firm for late document submission

Update: July, 11/2016 - 11:29
The State Securities Commission fined Cần Thơ Urban Joint Stock Company VNĐ7.5 million (US$333,300) for the late submission of their public firm document on July 6. — Photo ssc.gov.vn

CẦN THƠ — The State Securities Commission fined Cần Thơ Urban Joint Stock Company VNĐ7.5 million (US$333,300) for the late submission of their public firm document on July 6.

Cần Thơ Urban Joint Stock Company became a public firm in July 2015, with charter capital of more than VNĐ53 billion and 318 shareholders. Yet, it only handed over the document to the SSC this year.

Under local regulations, the document should have been submitted one month after the company became a public firm. — VNS

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