Two securities companies involved in stock price manipulation case on behalf of CEO

Báo Thanh niênBáo Thanh niên14/08/2023


The Board of Directors of Tri Viet Securities Joint Stock Company (stock code TVB) announced the appointment of Ms. Phung Thi Thu Ha as General Director from August 10. Together with Chairwoman of the Board of Directors Pham Thi Thanh Huyen, Ms. Phung Thi Thu Ha will also be the legal representative of Tri Viet.

Hai công ty chứng khoán liên quan vụ án làm giá cổ phiếu thay tổng giám đốc - Ảnh 1.

Ms. Phung Thi Thu Ha has been General Director of Tri Viet since August 10.

According to the introduction, Ms. Ha has more than 20 years of experience in the field of finance and accounting, having worked at other securities companies. At Tri Viet Securities Company, Ms. Ha holds the position of Director of Business Division.

Previously, this company dismissed Ms. Tran Thi Rong from the position of general director and legal representative since August 8. Tri Viet Securities Joint Stock Company and former general director Do Duc Nam - are the units involved in the case of stock price manipulation at the group of enterprises "family" Louis and Mr. Do Thanh Nhan.

Accumulated in the first 6 months of the year, Tri Viet achieved revenue of 38 billion VND, down 65% and profit after tax reached 7.6 billion VND, down 81% compared to the same period last year.

Similarly, the Board of Directors of Asia-Pacific Securities Corporation (stock code APS) announced the appointment of Mr. Nguyen Duc Quan as general director, legal representative, and person in charge of corporate governance from August 9. The company dismissed Mr. Nguyen Do Lang from the position of general director and dismissed Ms. Nguyen Thi Thanh from the position of chief accountant on the same day.

Mr. Nguyen Duc Quan joined APS Securities in 2009 as a securities services employee. In 2020, Mr. Quan was appointed as the director of the company's securities trading division. At the same time, he is also a member of the Board of Directors of IDJ Vietnam Investment Joint Stock Company. APS Securities Company and IDJ are both entities related to the APEC group and Mr. Nguyen Do Lang - who has been prosecuted for stock price manipulation.

At the same time, APS also appointed Ms. Nguyen Thi Ngoc Ha - Head of Internal Control Department - to be in charge of information disclosure of the company.

In the first 6 months of the year, APS Securities Company achieved revenue of 360 billion VND, an increase of 127% compared to the first half of last year and had a profit after tax of 46 billion VND, much improved compared to the loss of 304 billion VND in the same period last year...



Source: https://thanhnien.vn/hai-cong-ty-chung-khoan-lien-quan-vu-an-lam-gia-co-phieu-thay-tong-giam-doc-185230814110057958.htm

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