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VHC: VHC fined for disclosure obligation violation
HSX - 2/24/2020 4:42:00 PM
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Based on the supervision results of the State Securities Commission and Hochiminh Stock Exchange, the Labor Union of Vinh Hoan Corporation sold 32,100 VHC shares from December 24, 2019 to December 25, 2019 but did not announce the expected transactions. This violated Term 1 and Term 6 of Article 28, Circular No.155/2015/TT-BTC dated October 06, 2015.

However, after applying the extenuating circumstances, the Company was fined VND50 million by the State Securities Commission.

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