Publishing information at one point will reduce procedures and costs for listed enterprises - Photo: QUANG DINH
The State Securities Commission recently sent an official dispatch to public companies regarding the implementation of a single-point information disclosure system.
According to the announcement, from August 15, the single-source information disclosure will be applied to organizations listed on the Ho Chi Minh City Stock Exchange (HoSE).
Previously, from March 8, 2024, the Securities Commission operated a one-stop information disclosure system and applied it to organizations listed and registered for trading on the Hanoi Stock Exchange (HNX).
After the implementation period, the connection between the HNX information disclosure system and the Securities Commission information disclosure system was smooth, and information disclosure data was uploaded to the system accurately and promptly.
After August 15, all listed and registered trading organizations only have to report and disclose information at a single point via the IDS system.
Previously, listed organizations registering to trade on the Hanoi or Ho Chi Minh City Stock Exchange had to simultaneously disclose information to both the State Securities Commission and the exchange where the company had its shares listed and registered to trade.
The Securities Commission said that putting into operation a single-point information disclosure system is one of the solutions contributing to reducing administrative procedures and costs for businesses.
HoSE is the largest stock exchange in Vietnam with the most liquidity. This exchange was established in July 2000, operating under the direct management of the State Securities Commission.
Source: https://tuoitre.vn/tu-15-8-doanh-nghiep-niem-yet-san-hose-cong-bo-thong-tin-mot-dau-moi-20240814205016339.htm
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