The State Securities Commission on May 27 said that the State Securities Inspectorate on May 25, 2026 issued Decision No. 257/QD-XPHC sanctioning administrative violations against CMC Technology Group Joint Stock Company in the field of securities and the stock market.
According to the decision, the enterprise headquartered at CMC Tower, No. 11 Duy Tan Street, Cau Giay Ward, Hanoi was fined a total of 222.5 million VND for many violations related to information disclosure and reporting obligations.
CMC was fined 65 million VND for disclosing information not on time on the information disclosure system of the State Securities Commission and Ho Chi Minh City Stock Exchange. Slow disclosure contents include information about the 2024 Annual General Meeting of Shareholders and the 2023 Annual Report.
In addition, the enterprise was fined 92.5 million VND for not reporting to the Annual General Meeting of Shareholders about the repurchase of shares of employees in the periods taking place in September 2023, September 2024 and March 2025.
The State Securities Inspectorate also fined an additional 65 million VND for the act of not disclosing reports on the use of capital collected from private placement offerings that have been audited and confirmed at the Annual General Meeting of Shareholders in 2023, 2024 and 2025.
In addition to administrative penalties, the management agency requests CMC to implement remedial measures by announcing the audited capital use report confirmed at the nearest General Meeting of Shareholders or announcing a detailed explanation of the use of capital sources in the audited annual financial statements.
The sanctioning decision takes effect from the date of signing.
