The Hochiminh Stock Exchange issued Decision No.184/QD-SGDHCM dated May 28, 2019 to lift the shares of Phuong Nam Cultural Joint Stock Corporation (stock code: PNC) out of the supervision status as from May 30, 2019.
Reason: The after-tax profit of parent company in 2018 was 146.27 billion dongs and the undistributed after-tax profit on December 31, 2018 was 18.80 billion dongs, according to the 2018 audited financial statements. Therefore, PNC was lifted the supervision status pursuant to Point 4.2, Clause 4, Article 23 of the Listing Regulations of the Hochiminh Stock Exchange issued together with Decision No.85/QD-SGDHCM dated March 19, 2018.