Regulatory Alerts2025-12-30 | 87/KL-TTAdded · Updated
Conclusion of Inspection No. 87/KL-TT on the State Securities Inspectorate's inspection of Tin Viet Joint Stock Comprehensive Finance Company
The State Securities Inspectorate issued Conclusion No. 87/KL-TT regarding its inspection of Tin Viet Joint Stock Comprehensive Finance Company, identifying significant violations in information disclosure, corporate governance, and capital usage. The Inspectorate found that the company failed to timely and accurately disclose required information, engaged in unauthorized related-party transactions, and did not report changes to the use of proceeds from its 2024 public share offering. Consequently, the Inspectorate imposed administrative fines totaling 742.5 million VND and mandated corrective measures, including the cancellation of misleading information and shareholder approval for the revised capital usage plan.
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