Trung Nam solar power project – Photo: VGP
Trung Nam Solar Power fined for 'hiding' bond information
The State Securities Commission Inspectorate has just signed and issued Decision No. 288 on administrative sanctions in the field of securities and the securities market against Trung Nam Solar Power Joint Stock Company.
Accordingly, this renewable energy enterprise was fined VND92.5 million for not disclosing information that must be disclosed as prescribed.
Specifically, this company did not send information disclosure documents to the Hanoi Stock Exchange on the situation of interest and principal payments of bonds in 2020; semi-annual financial report in 2021; report on the situation of using capital from semi-annual bond issuance in 2021; situation of interest and principal payments of semi-annual bonds in 2021.
Reports on the implementation of the issuing enterprise's commitments to bondholders in 2022; periodic reports in 2022 and semi-annual reports in 2023 on the use of proceeds from bond issuance for outstanding bonds audited by a qualified auditing organization according to regulations... were also not disclosed by the enterprise.
Transactions of townhouses and villas in Hanoi remain sluggish
A row of townhouses in Ha Dong district, Hanoi – Photo: DANH KHANG
In the recently released Q2-2024 market report, CBRE Vietnam said that the real estate market attached to land in Hanoi continues to have little change in supply, with a limited number of newly launched units.
Compared to the same period last year, new supply in the first half of this year in Hanoi decreased by nearly 80%. In terms of liquidity, the Hanoi market has not recorded a clear recovery with only nearly 370 units sold, up 26% quarter-on-quarter but down 61% year-on-year.
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New supply is limited, while some existing projects have had to temporarily stop selling due to incomplete legal procedures, causing the number of units sold this quarter to remain low, CBRE explained.
In terms of price level, primary and secondary selling prices of real estate attached to land in Hanoi maintained a quarterly increase.
Specifically, according to CBRE, by the end of the second quarter of 2024, the average primary selling price will reach VND 202 million/m2 (excluding VAT), an increase of more than 5% quarterly and 4% annually.
Secondary selling prices continued to increase to VND162 million/m2, equivalent to an increase of 2% quarterly and 4% annually.
Two Fideco bosses and relatives were fined 740 million VND for illegally buying shares
The Securities Commission has just issued three decisions simultaneously to sanction three individuals for trading FDC shares of Fideco without reporting.
Specifically, Mr. Ho Anh Tuan - member of the Board of Directors and General Director of Fideco was fined VND 370 million for purchasing 1.85 million FDC shares on June 7, 2024 but did not report the expected transaction.
On the same day, Mr. Le Thai Thanh - member of the Board of Directors of Fideco and related people were also fined a total of 370 million VND by the State Securities Commission for similar acts.
In particular, Mr. Le Thai Thanh was fined 100 million VND for not giving prior notice before making the transaction to buy a total of more than 900,000 FDC shares on June 7 and June 11, 2024.
Ms. Le Ngan Nhi - Mr. Thanh's sister, was also fined VND270 million for the same violation of not reporting the planned purchase of 1.35 million shares on June 11, 2024.
It is known that Mr. Ho Anh Tuan was recently appointed as general director and legal representative of Fideco since April this year.
Ho Chi Minh City requests ministries and branches to provide guidance on the exploitation of canteens, parking lots in parks, etc.
Hoang Van Thu Park (Tan Binh District, Ho Chi Minh City) has no parking lot, people park on the sidewalk or park in a spontaneous parking lot set up by water sellers - Photo: PHUONG NHI
The Ho Chi Minh City People's Committee has just sent a document requesting the Ministry of Finance and the Ministry of Construction to provide guidance on the management, use and exploitation of infrastructure assets in the fields of drainage, wastewater treatment, green parks and urban lighting.
Notably, the green park sector with essential services still faces problems in exploiting public assets such as organizing parking and other services in the park.
Currently, most public parks in Ho Chi Minh City have parking lots and essential services (such as canteens, vending machines, etc.) within the park to serve the needs of people coming to the park to rest, study, and exercise.
The use of park land for parking and essential services is one of the contents related to the exploitation of public assets. However, there are currently no regulations or instructions from competent authorities on this matter.
Therefore, park management units have difficulty in determining the exploitation methods and related issues to organize parking and essential services in public parks.
Notable news and events from July 13 to 20
– July 13, in Ho Chi Minh City: Opening of the “Pink Semester” Summer Camp for workers’ children.
– July 13, in Da Nang: International Fireworks Festival Final between China and Finland.
– From July 13 to 20: Nha Trang International Light Bay Festival 2024, theme "Brilliant Galaxy".
– From July 13 to 23, in Hai Duong: National Youth Archery Championship.
– July 14: Peak activity day of “Volunteers participating in ensuring traffic order and safety and building traffic culture” in Ho Chi Minh City.
– July 14, in Da Nang: VnExpress Marathon Da Nang Midnight 2024.
– From July 15 to 24, in Thanh Hoa: National Youth Vovinam Championship.
– From July 15 to 25, in Dak Lak: National 5×5 U18 Youth Basketball Championship.
– From July 15 to 21, in Thua Thien Hue: National Badminton Tournament for excellent young and junior players.
– From July 15 to 25, in Dong Nai: National Youth Sepak Takraw Championship.
– From July 15 to 21, in Can Tho: National Gymnastics Age Group Championship.
– From July 16 to 28, in Ba Ria – Vung Tau: National Youth Handball Championship.
– From July 17 to 20, in Da Nang: National Youth Diving Championship.
– From July 20 to 30, in Ho Chi Minh City: National Youth Pencak Silat Championship.
Main news on Tuoi Tre daily today, July 13. To read Tuoi Tre printed newspaper E-paper version, please register for Tuoi Tre Sao HERE
Weather forecast for regions on July 13.
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