HCMC bourse to delist stocks of construction contractor Hoa Binh, Hoang Anh Gia Lai Agricultural JSC
Hoa Binh Construction Group’s HBC ticker and Hoang Anh Gia Lai Agricultural JSC’s HNG will be delisted because of accumulated losses exceeding their charter capital or losses made for three consecutive years.
The Ho Chi Minh Stock Exchange (HoSE) announced the mandatory delisting Friday.

Several stocks are set to be delisted from Vietnamese exchanges HoSE and HNX. Photo by The Investor/Trong Hieu.
HBC of Hoa Binh Construction Group will be delisted from the HoSE because, according to its 2023 consolidated audited financial statement, as of December 31, 2023, the firm had suffered total losses of VND3,240 billion ($128 million), exceeding its charter capital of VND2,741 billion.
HNG of Hoang Anh Giai Lai Agricultural JSC will suffer the same fate because it has suffered losses of VND1,119 billion ($44.2 million), VND3,576 billion and VND1,098 billion, respectively, for three consecutive years (2021-2023).
The official delisting dates have not been announced.
Meanwhile, at the Hanoi Stock Exchange (HNX), all 34.8 million SD6 shares of construction firm Song Da 6 JSC will be delisted on August 23 after suffering losses for three consecutive years.
In addition, HNX has warned that DVG shares of Dai Viet DVG Group JSC, a construction materials company, are likely to be delisted because of the auditor’s inability to vouch for financial statements’ accuracy.
Auditor Nguyen Hai Phuong of International Auditing and Valuation Company Limited said he was appointed to audit DVG's 2023 financial statements on June 13, 2024.
The auditor claimed the company’s actual inventory at the end of the year could not be assessed.
In addition, the auditor has not received a confirmation letter related to short-term advance payment debt of a buyer with a balance of VND2.19 billion ($86,500). At this point, the auditing firm could not comment on the accuracy of the above liabilities, Phuong said.
At Friday’s close, HBC stood at VND7,500 ($0.3) per share, HNG at VND4,660, SD6 at VND3,000, and DVG at VND1,700.
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