Discrepancies between preliminary, audited financial reports remain thorny

Discrepancies between preliminary, audited financial reports remain thorny

A disparity between preliminary reports issued by many Vietnamese businesses and their audited financial statements has persisted on the stock market for years, leading to distorted stock prices and adversely affecting investors’ interests.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Construction giant Hoa Binh plans to issue 47 million shares

Construction giant Hoa Binh plans to issue 47 million shares

Leading Vietnamese construction contractor Hoa Binh (HBC) plans to issue 47 million HBC shares at the price of VND12,000 ($0.5) per unit to own 100% of the 127 An Duong Vuong residential project in District 6, Ho Chi Minh City.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Construction giant Hoa Binh placed under control over late financial statement submission

Construction giant Hoa Binh placed under control over late financial statement submission

The Ho Chi Minh Stock Exchange (HoSE) has decided to put HBC shares of Vietnam’s leading construction firm Hoa Binh "under control" from April 17, due to its late submission of audited annual financial statements for two consecutive years.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hoa Binh Construction Group approves founder’s resignation withdrawal

Hoa Binh Construction Group approves founder’s resignation withdrawal

Vietnam’s leading construction firm Hoa Binh has approved its founder Le Viet Hai's withdrawal of resignation as board chairman and member.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Leading builder Hoa Binh Construction to enter U.S. market with 5 projects

Leading builder Hoa Binh Construction to enter U.S. market with 5 projects

Hoa Binh Construction Group, listed on the Ho Chi Minh Stock Exchange as HBC, has signed a deal with Keystone DCS to jointly implement five projects in the U.S. states of California and Oregon.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Leading builder Hoa Binh Construction suffers $48 mln loss in 2022

Leading builder Hoa Binh Construction suffers $48 mln loss in 2022

Hoa Binh Construction Group reported a net loss of over VND1,140 billion ($48.34 million) in 2022, the first loss in its history, due to bad results in the fourth quarter.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hoa Binh Construction Group forced to cease conflict-stirred resolutions

Hoa Binh Construction Group forced to cease conflict-stirred resolutions

The Ho Chi Minh City Department of Civil Judgment Enforcement has issued a decision forcing Hoa Binh Construction Group (HBC), a leading Vietnamese construction contractor, to cease enforcing three resolutions that caused an internal conflict among its board members.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hoa Binh Construction Group founder requests extraordinary shareholder meeting

Hoa Binh Construction Group founder requests extraordinary shareholder meeting

Le Viet Hai, founder of Hoa Binh Construction Group (HBC), recently requested an extraordinary shareholder meeting to be convened to dismiss a number of board members.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hoa Binh Construction Group seeks $13 bln from foreign markets by 2032

Hoa Binh Construction Group seeks $13 bln from foreign markets by 2032

Hoa Binh Construction Group, Vietnam's leading construction contractor, aims at a revenue of $19 billion in 2032 at the current exchange rate, of which $13 billion would come from foreign markets.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7