Khang Dien House Trading and Investment Joint Stock Company (Khang Dien House, stock code: KDH) has just announced that the company was sanctioned by the HCM City Tax Department for tax administrative violations during the 5-year inspection period from 2018 to 2022.
Specifically, the company must be fined 905 million VND; arrears 4,45 billion VND and fines for late payment is 778 million VND. The total amount of tax fined and arrears is 6,14 billion VND.
Khang Dien's project
On the same day, Khang Dien House also announced the transaction of shares related to insiders of VinaCapital Investment Fund Management Company. Accordingly, two insiders related to VinaCaptial sold 2 KDH shares, reducing their holdings from 5.830 shares to 144.100 shares.
Previously, Khang Dien also announced that a group related to Dragon Capital Fund Management Company had sold 1,21 million KDH shares, reducing their ownership from 79 million shares (11,04%) to 77,9 million shares (10,9%) of charter capital.
In the real estate market, Khang Dien House is one of the real estate companies that are implementing projects well, with healthy finances. Accordingly, in the first quarter of 2023, revenue was 425 billion dong, profit was 201 billion dong.
Leaders of Khang Dien House are planning to open for sale The Privia project in Binh Tan district with a total of more than 1.000 apartments in the third quarter of 2023. By the end of the first quarter of 2023, Khang Dien's total assets stood at VND 20.747 billion, of which cash and short-term financial investments decreased by 47,1% to VND 1.479 billion.
