FECON Corporation sent documents to HOSE to ask for a delay in the disclosure of financial statements in 2020 as follows:
- For the quarterly financial statements: within 20 days from the last day of quarter;
- For the semi-annual reviewed financial statements: within 45 days from the last day of first six months of fiscal year;
- For the annual audited financial statements: within 90 days from the last day of fiscal year.
Reason: The Company has 10 subsidiaries and 02 joint ventures. Therefore, it takes more time to collect papers, make reports and consolidate financial statements.
However, the request of FCN will be considered by the State Securities Commission and FCN must disclose information right after receiving a decision from the State Securities Commission.