FLC and ROS shares were white on the buyer side, with a surplus of over tens of millions of units at the floor
At 9:20 a.m., the Ho Chi Minh City Exchange Index recorded a decrease of more than 7 points, only hovering around 1,490 points. The market only recorded 60 gainers out of a total of more than 400 trading codes, of which 5 stocks fell to the floor.
Two of the five stocks that fell to the floor belonged to stocks familiar to billionaire Trinh Van Quyet.
FLC decreased by 1,000 dong/unit, with both buyers and sellers at floor price over millions of units. At 9.10am, the floor selling surplus was only 30 million shares, but after 20 minutes, this level has reached 5.05 million shares.
Meanwhile, ROS fell by 660 dong, the first floor drop since January 26 of this stock. The selling force was strong while the buying force was almost zero, so this ticker was oversold at the floor level of nearly 50 million units.
Previously, on March 24, FLC was fined nearly 500 million VND by the State Securities Commission due to a series of mistakes in information disclosure. Specifically, FLC was fined VND 100 million for not publishing 34 resolutions of the Board of Directors on transactions with related parties in the period from March 24, 2020 to May 13, 2021; did not report to the HSX’s system 5 financial statements in the reporting periods 2019, 2020, and explain the difference in separate production and business results, semi-annual consolidation in 2020; review and explain the difference in results business as well as reports on resignation, appointment of members of the Board of Directors and the Board of Directors, together with the decision to contribute capital and change the Company’s capital ownership ratio at Tre Viet Aviation Joint Stock Company in 2021.
This group was fined 200 million dong and imposed remedial measures to correct information due to false information disclosure in the report on corporate governance in 2020 and 2021. The fine of 70 million dong applies because FLC discloses incomplete information according to regulations when the company’s 2019 audited financial statements explain the lack of transactions and balances of the Company with HAI Agricultural and Pharmaceutical Joint Stock Company, Investment Joint Stock Company. and FLC Stone Minerals and CFS Import Export and Trade Investment Joint Stock Company are related parties. By the audited 2020 financial statements and the 2021 semi-annual review, Mr. Trinh Van Quyet’s group had transactions with related parties but did not list the resolutions of the Board of Directors that had approved this policy.
Another VND 125 million fine is applied for failure to ensure the structure and number of independent members of the Board of Directors. According to Decree 155 detailing the implementation of a number of articles of the Law on Securities and the company’s charter, this corporation must have an independent board member. However, up to now, FLC has not completed the above regulation.
at Blogtuan.info – Source: Soha.vn – Read the original article here
