MCG: MCG still in the supervision status

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MCG: MCG still in the supervision status

HOSE - 4/14/2021 4:34:00 PM

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On November 09, 2018, the Hochiminh Stock Exchange (HOSE) issued Decision No.454/QD-SGDHCM to put the stock MCG of Vietnam Mechanization Electrification & Construction Joint Stock Company under the supervision status as of November 16, 2018.

On April 02, 2021, HOSE received the 2020 audited consolidated financial statements from Vietnam Mechanization Electrification & Construction Joint Stock Company with the profit after tax of parent company of -1.05 billion dongs and the undistributed profit after tax at 12/31/2020 of -326,21 billion dongs. Besides, the auditor continued giving except-for opinions.

After reviewing, HOSE decided to maintain the supervision status for MCG and will consider solutions for MCG shares after having the 2021 reviewed semi-annual financial statements.

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