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AGF: AGF is still under the supervision
HSX - 10/28/2019 4:53:00 PM
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On October 21, 2019, Angiang Fisheries Import & Export Joint Stock Company (AGF) announces its financial statements for the 4th quarter of fiscal year from October 01, 2018 to September 30, 2019. Accordingly, the Company had a loss after tax for the accounting period ended on September 30, 2019 to be VND111.741 billion and the accumulated loss on September 30, 2019 was VND382.171 billion, VND281.097 billion higher than the Company’s paid-in charter capital. Besides, Angiang Fisheries Import & Export Joint Stock Company incurred losses for two consecutive years and AGF shares is under the supervision according to Decision No.18 dated January 21, 2019 by the Hochiminh Stock Exchange. The company also delayed the disclosure of its audited financial statements in the two consecutive years, AGF shares is under the special supervision according to Decision No.296 dated July 31, 2019 by the Hochiminh Stock Exchange.

Therefore, in accordance with Point 1.5 and 1.9, Article 26 of the Listing Regulation by HOSE attached to Decision No.85/QD-SGDHCM dated March 19, 2018 by HOSE, AGF shares of Angiang Fisheries Import & Export Joint Stock Company are likely to be subject to mandatory delisting.   

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