Recently, Tan Ky Construction and Real Estate Trading Joint Stock Company (Code TKC) has just been suspended from trading by the Hanoi Stock Exchange (HNX) from September 25, 2023.
The reason is that the company has continuously violated regulations on information disclosure. This includes the delay in announcing the financial statements for the second quarter of 2023, the management situation report and the audited financial statements for the first half of 2023.
Tan Ky Real Estate (TKC) has just had its trading suspended by HNX (Photo TL)
In addition, TKC shares are also under warning because the listed organization is late in submitting the audited semi-annual financial statements for 2023 beyond the prescribed time. The company has also violated this regulation more than 4 times within 1 year. The company has not yet held the 2023 annual general meeting of shareholders, which must be held 6 months after the end of the fiscal year.
Finally, TKC shares are also under control due to negative equity in the latest financial statements. In the fourth quarter of 2022 business results, TKC recorded negative net revenue of VND 1.3 billion, and negative profit after corporate income tax of VND 638.9 billion.
On the trading date of September 15, 2023, TKC shares were priced at only VND 1,300/share, down nearly half compared to the beginning of the year.
Source
Comment (0)