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Home Stocks & Market Stocks & Securities SSC warns DCL of compulsory cancelling listing

SSC warns DCL of compulsory cancelling listing

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The State Securities Commission (SSC) has warned Cuu Long Pharmaceutical Joint Stock Co (DCL) that it would cancel listing compulsorily if the firm is not able to fulfill information disclosure request.

DCL was forced to stop trading temporarily from October 31, 2011 according to the Hochiminh Stock Exchange's decision because of lateness in submitting 2010 audited fiscal report, annual report, and H1 report of 2011.

By the end of December 16, DCL announced 2010 audited financial report, 2010 annual report, but did not announce H1 report of 2011. The firm finally asked permission to submit by December 31.

If DCL is not able to do this request, STC will consider cancelling listing of DCL.



Source: www.intellasia.net/news/articles/stock_market/111351806.shtml


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