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TGG: TGG still in the warning status
HOSE - 9/10/2020 2:00:00 PM
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On March 24, 2020, the Hochiminh Stock Exchange issued Decision No.125/QD-SGDHCM to put the shares of Truong Giang Investment and Construction Joint Stock Company (stock code: TGG) into warning status as of March 31, 2020 in order to protect investors’ interests after the State Securities Commission approved under Item h, Point 1.1, Provision 1, Article 22 of the Listing Regulations on the Hochiminh Stock Exchange issued together with Decision No.85/QD-SGDHCM dated March 19, 2018.

On August 14, 2020, the Hochiminh Stock Exchange (HOSE) received the reviewed semi-annual financial statements of Truong Giang Investment and Construction Joint Stock Company. Accordingly, the after-tax profit in the first six months of 2020 was -3.83 billion dongs, and the undistributed after-tax profit until June 30, 2020 was 4.96 billion dongs.

Pursuant to Provision 5, Article 22 of the Listing Regulations on the Hochiminh Stock Exchange issued together with Decision No.85/QD-SGDHCM dated March 19, 2018, HOSE decided to continue to remain the warning status for TGG and will consider solutions for TGG after having the audited financial statements in 2020.

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