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MCG: Continue to be in the supervision status
HOSE - 9/12/2019 1:56:00 PM
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According to Decision No.454/QD-SGDHCM dated November 09, 2018 by the Hochiminh Stock Exchange (HOSE), the stock MCG of Vietnam Mechanization Electrification & Construction Joint Stock Company was put under the supervision status.

  On August 30, 2019, the Hochiminh Stock Exchange (HOSE) received the 2019 semi-annual reviewed consolidated financial statements of Vietnam Mechanization Electrification & Construction Joint Stock Company (Code: MCG). Accordingly, the profit after tax of parent company is -3.68 billion dongs and the undistributed after-tax profit at June 30, 2019 is -324.3 billion dongs. Besides, the company expressed an except for opinion by the audit firm.

 Therefore, MCG has not overcome the causes making the stock under the supervision status HOSE continues to remain the supervision status for the stock MCG and will consider solutions for the stock MCG after having the 2019 audited consolidated financial statements.

 

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