Bamboo Capital speaks out about the repeated delays in disclosing information.

According to Bamboo Capital Group, many documents related to the business needed to be used for the investigation. Therefore, the company and the auditing firm did not have access to all the necessary documents within a certain period of time.

Bamboo Capital Group Joint Stock Company (BCG) has just responded to documents from the Ho Chi Minh City Stock Exchange regarding "delayed information disclosure".

Bamboo Capital Group Joint Stock Company.

Accordingly, the company argues that the delay in releasing the 2025 Annual Report and financial statements for the years 2024, 2025, and 2026 is a chain of interconnected consequences.

Specifically, the company's inability to complete the audited financial statements for 2024 has resulted in a lack of opening balances to prepare financial statements for 2025 and 2026, as well as a lack of data to complete the 2025 annual report.

According to Bamboo Capital Group, this situation stems from primarily objective reasons: the company has experienced significant changes in senior management and the Finance and Accounting department. In particular, the process of transferring a large volume of financial records between periods requires meticulous reconciliation and takes longer than expected;

The company has been undergoing a significant restructuring phase, particularly in the process of resolving bond obligations and restructuring debts. This requires the independent auditing firm to conduct more in-depth and rigorous review procedures to ensure the accuracy and fairness of the financial data;

Many audit-related documents needed to be used in the investigation of a case that occurred at the company. Therefore, the company and the auditing firm did not have access to all the necessary documents for a certain period of time.

On April 22, the Ho Chi Minh City Stock Exchange announced that it had sent a document to Bamboo Capital Group Joint Stock Company regarding the company's delay in disclosing its 2025 annual report.

According to this document, as of now, the deadline for information disclosure has passed, and Bamboo Capital Group Joint Stock Company has still not disclosed its 2025 Annual Report in both Vietnamese and English as required.

Therefore, the Ho Chi Minh City Stock Exchange reminded and requested the company to disclose information in accordance with regulations.

As of May 4th, the Ho Chi Minh City Stock Exchange (HCMCSE) stated that it had not yet received the 2025 annual report from Bamboo Capital Group Joint Stock Company. Therefore, the HCMCSE issued a second reminder and requested the company to disclose the information in accordance with regulations.

Furthermore, on May 5th, the Ho Chi Minh City Stock Exchange sent another letter to Bamboo Capital Group reminding them of the delay in disclosing their Q1/2026 financial report.

The reason is that, as of now, the deadline for information disclosure has passed, and Bamboo Capital Group Joint Stock Company has not yet disclosed its Q1 2026 financial statements (separate and consolidated) in both Vietnamese and English as required.

As of May 13th, the Ho Chi Minh City Stock Exchange had still not received the required disclosure of the Q1 2026 financial statements (separate and consolidated) in both Vietnamese and English.

Therefore, the Ho Chi Minh City Stock Exchange issued a second reminder and requested Bamboo Capital Group Joint Stock Company to disclose its Q1/2026 financial report in accordance with regulations.

Source: https://phunuvietnam.vn/bamboo-capital-len-tieng-ve-viec-lien-tuc-cham-cong-bo-thong-tin-238260524221113194.htm