The State Securities Commission (SSC) has just issued Decision No. 72/QD-XPHC on administrative sanctions in the field of securities and the stock market against Gia Dinh Development Investment Joint Stock Company, a unit located at No. 5 Nguyen Gia Thieu, Vo Thi Sau Ward, District 3, Ho Chi Minh City.
The company was fined VND92.5 million for not disclosing information that must be disclosed according to the law.
The State Securities Commission said that Gia Dinh Development Investment did not publish the following documents: The 2022 financial report has been audited; The first quarter financial report of 2023; The second quarter financial report of 2023; The 2023 semi-annual financial report has been reviewed; The third quarter financial report of 2023; The fourth quarter financial report of 2023; The annual report of 2022; The 2023 financial report has been audited; The first quarter financial report of 2024; The second quarter financial report of 2024; The quarter financial report of 2024 has been reviewed; The third quarter financial report of 2024; The fourth quarter financial report of 2024 and the annual report of 2023.
Gia Dinh Development Investment was established on August 9, 2007, operating mainly in the field of housing business and office leasing.