(TBTCO) – The State Securities Commission issued Decision No. 1174/QD-XPHC on sanctioning administrative violations in the field of securities and stock market against Hoa Phat Textbook Printing Joint Stock Company due to public violations. disinformation and misinformation.
Accordingly, Hoa Phat Textbook Printing Joint Stock Company was fined 65 million VND for violating information disclosure on time according to legal regulations. The company did not disclose information on time as prescribed on the information disclosure system of the State Securities Commission and on the website of the Hanoi Stock Exchange for: Financial statements ( 2022 financial statements have been audited; Invitation letters and documents for shareholder meetings are not guaranteed to be valid 21 days before the opening date of the 2021 Annual General Meeting of Shareholders, 2021 Extraordinary General Meeting of Shareholders, 2022 Annual General Meeting of Shareholders, 2023 Annual General Meeting of Shareholders…
The company was also fined 175 million VND for violating disclosing false information about transactions between the company and its related persons in the 2021 corporate governance report and corporate governance report. 2022 compared to information in the reviewed 2021 semi-annual financial statements and audited 2022 financial statements.
The company announced incorrect information regarding information about collateral assets for bond code HVDCH2123001 in the audited 2022 consolidated financial statements compared to the information in the information report on bond offerings. individual shares in the domestic market in 2021 of Hung Vuong Developer Joint Stock Company (JSC) (subsidiary of Hoa Phat Textbook Printing Joint Stock Company).
Hoa Phat Textbook Printing Joint Stock Company was also fined 15 million VND for actions that did not stipulate in the internal regulations on corporate governance the application of modern information technology so that shareholders could participate. and express opinions at the General Meeting of Shareholders through online meetings, electronic voting or other electronic forms.
The total fine for the company is 255 million VND. In addition, the company was forced to correct information according to regulations./.