87 stock codes including POM, ITA, QCG... have had margin trading cut by HoSE

Recently, HoSE announced a list of 87 stocks that are not eligible for margin trading (margin cut) due to violations of tax regulations. With this decision, investors will not be able to borrow to buy securities of the above 87 stocks.

Notably, among them is Logistic Vinalink (VNL), this company declared incorrectly the amount of value added tax, corporate income tax, personal income tax payable, used illegal invoices to declare, reducing the amount of value added tax and corporate income tax payable.

87 pom ita qcg stock code bought by hose cut 1 — HoSE cuts margin trading of 87 stocks (Photo TL)

For the above acts, Vinalink was fined 51.7 million VND, had to pay back taxes of 244.6 million VND, pay back late tax of 45.3 million VND and late personal income tax of 11 million VND. In total, Vinalink had to pay 352 million VND.

In addition, the list announced by HoSE also includes some familiar stock codes such as ITA of Tan Tao Investment and Industry Corporation. After a heavy loss in the fourth quarter of 2022, ITA's business activities have not yet recovered to the same level as the same period last year. ITA shares also fell sharply from the price range of VND 7,300/share to VND 6,500/share last week.

Or POM of Pomina Steel Corporation is attracting a lot of attention when its stock price continuously falls. Relatives of the company's Board of Directors continuously sell shares.

Source