Putting ITA shares of Tan Tao Industry on alert

DNHN - The reason according to HoSE is because Tan Tao Investment and Industry Joint Stock Company has violated regulations on information disclosure 4 or more times within 1 year, in the case of securities being warned under HoSE regulations. and of the Vietnam Stock Exchange.

Deputy General Director in charge of Ho Chi Minh Stock Exchange (HoSE), Ms. Tran Anh Dao has officially signed the decision to bring ITA shares of Tan Tao Industrial and Investment Joint Stock Company (Tan Tao), led by Ms. Thi Hoang Yen as chairwoman of the Board of Directors has been on alert since September 6.

The reason according to HoSE is because the company has violated information disclosure regulations 4 or more times within 1 year, in the case of securities being warned under the regulations of HoSE and Vietnam Stock Exchange.

Photo: Putting ITA shares of Tan Tao Industry on alert.
Photo: Putting ITA shares of Tan Tao Industry on alert.

Previously, HoSE repeatedly asked Tan Tao Company to explain the correction of the advance transferred to Chairman Dang Thi Hoang Yen from 1,973 billion VND to 633 billion VND as well as explain the difference in financial statements because adjusted this advance figure.

HoSE also required this company to explain information related to a company's lawsuit and was asked to open bankruptcy proceedings.

In August alone, HoSE sent an official dispatch requesting Tan Tao to explain information within 24 hours. Despite explaining the difference in the results in the financial statements, HoSE still believes that Tan Tao's ITA stock should be warned so that investors can measure the risks...

PV

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