BLF & LUT fined VND 145mln

The State Securities Commission of Vietnam (SSC) has just issued administrative fines worth VND 145 million to Bac Lieu Seafood Corp (BLF) and Luong Tai Investment & Construction Corp (LUT).

BLF & LUT fined VND 145mln

Of these, BLF was fined VND 85million due to not to provide timely information about their business operation as per current regulation; The SSC issued fine of VND 60million to LUT.

BLF is listing 10.5 million shares on HNX with a reference cost of VND 3,800 per share in the first trading day while LUT’s reference cost on HNX is announced at VND 1,900 per share.

HAI HO –Translated by K.Lien

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