Dear shareholders and investors!
Recently, some social media accounts have spread slanderous information with the intention of defaming the activities of GELEX Group and Mr. Nguyen Van Tuan - General Director of GELEX Group in relation to GELEX owning 10% of the charter capital of Eximbank.
This information has appeared since GELEX officially became a major shareholder owning 10% of Eximbank's charter capital and the frequency has shown signs of increasing since Eximbank planned to move its headquarters to Hanoi . Currently, GELEX has not nominated any capital representatives to join the Board of Directors (BOD) or Executive Board at Eximbank. GELEX complies with the rights and obligations of a common shareholder as prescribed by the Law on Credit Institutions, the Law on Enterprises and Eximbank's charter.
GELEX Group affirms that the information being spread from the above social media accounts are false and baseless rumors and are intended to defame GELEX as well as GELEX's leaders. This has seriously affected the interests of GELEX shareholders. Since August 9, when GELEX bought more than 89 million EIB shares, GEX closed at VND 21,450. By November 14, GEX's market price was VND 18,200, equivalent to a decrease of 17.8%. It is estimated that GELEX's capitalization has decreased by more than VND 2.6 trillion.
On November 12, answering questions before the National Assembly, Minister of Public Security Luong Tam Quang assessed that the consequences of fake news and false news are unpredictable, causing many serious consequences, posing a threat to the socio-economy, and even threatening national sovereignty and global security.
All acts of fabricating and spreading false information that affect GELEX and GELEX's leaders are violations of the law and will be handled/prosecuted according to regulations. We will work with the authorities to verify the origin of the rumors as well as coordinate to resolve related issues, in order to protect the rights and legitimate interests of GELEX Group, shareholders, and investors.
GELEX Group recommends that investors need to comprehensively perceive, analyze and evaluate macroeconomic factors, business production activities of enterprises, as well as receive official information from enterprises, especially be careful with false and unverified rumors that affect investment decisions.
Dear shareholders and investors!
At the end of October, VIS Rating - a credit rating organization according to Moody's standards, assessed GEX's scale as "very strong", reflecting its deep and solid presence in the market in core business areas, the diversity of products to serve market needs and the ability to maintain good relationships with suppliers and financial institutions.
VIS Rating also rated GELEX's long-term issuer credit rating at A with a stable outlook. This is VIS Rating's first rating for GELEX.
Previously, Vietnam Report also announced that GELEX was in the Top 50 Most Profitable Enterprises in Vietnam for the 5th consecutive time in 2024. The enterprise was awarded for maintaining stable and sustainable business performance in the period 2023-2024.
In terms of business results, GELEX has achieved impressive results after 10 months, with consolidated net revenue reaching VND 26,668 billion, equivalent to completing 83% of the annual revenue target. Consolidated pre-tax profit reached VND 2,558 billion, equivalent to 130% of the plan.
Official information will be fully provided on the official website of GELEX Group at Website address: gelex.vn.
Source: https://gelex.vn/tin-tuc/khuyen-cao-nha-dau-tu-canh-giac-voi-tin-gia-tin-don-that-thiet-lien-quan-den-gelex-va-eximbank.html
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