On July 8, 2026, Gelex Group Joint Stock Company (stock code: GEX) announced unusual information about Official Dispatch No. 281/2026/GELEX/CV-TGĐ related to information correction.
According to the published document, Gelex sent correction content to the State Securities Commission, Hanoi Stock Exchange, Ho Chi Minh City Stock Exchange and bondholder/shareholder fund.
The enterprise said that the re-announcement of information is carried out based on the results of reviewing reports on the use of money collected from bond issuance for bond codes that have been periodically announced previously, and also based on Decision No. 374/QD-XPHC dated July 2, 2026 of the State Securities Commission.
Previously, the State Securities Inspectorate had fined Gelex 175 million VND for disclosing false information. The management agency determined that some expenditure contents using money from privately placed corporate bond issuance of some bond codes were not consistent with reality. In addition to fines, Gelex was forced to cancel information or correct false information.
In the correction document, Gelex re-announced the purpose of using capital for many bond codes.
With bond code GELEXH1929001, the enterprise re-announces the purpose of using capital, including refinancing the equity contribution of the subsidiary company to Gelex Ninh Thuan Energy One Member Limited Liability Company; lending capital to Gelex Ninh Thuan to restructure the bank debt related to the 50MW solar power project in Ninh Thuan; and using it for other activities of the company.
For the information disclosure reporting group for the 2020-2021 period related to a number of settled bond codes, Gelex also re-announced the capital use purpose of codes such as TP.GEX.2020.01, GEX_BOND_A_2020, GEX_BOND_B_2020, BONDGEX/2020.01, BONDGEX/2020.02 and GEXH2124002.
According to the re-announced content, capital from some bond codes is used for purposes such as paying principal and interest due; lending to supplement operating capital for member companies in the group; serving the purchase and sale of raw materials; paying L/C for purchasing raw materials; paying expenses related to the issuance.
The correction document also adds the group of bond codes that have been finalized, including TP.GEX. 03.2020, GEX202001, GEX202002, GEX202003, GEX202004, GEX202005 and GEXH2124001. For this group, Gelex re-announces the purpose of capital use in the direction of more specific separation between the capital part serving ordinary production and business activities and the part used to pay outstanding debts.
Gelex commits that the published information is true and is responsible before the law for the published content.
