The State Securities Commission (SSC) has just issued Decision No. 357/QD-XPHC on administrative sanctions in the field of securities and the securities market against Nova Lucky Palace Company Limited (Nova Lucky Palace - The Prince Residence Building, No. 17-19-21 Nguyen Van Troi, Phu Nhuan District - Ho Chi Minh City) for violations in the field of securities and the securities market.
Authorities impose fines in the securities sector on Nova Lucky Palace (illustrative photo)
Nova Lucky Palace Company Limited was fined VND92.5 million for administrative violations in the field of securities and the securities market due to failure to disclose information required to be disclosed according to legal regulations. Specifically, the company did not send the information disclosure content to the Hanoi Stock Exchange (HNX) for the financial report for the first 6 months of 2021. In addition, the company sent the information disclosure content to HNX after the deadline: The situation of interest and principal payment of bonds in 2020; the situation of interest and principal payment of bonds in the first 6 months of 2021; report on the situation of capital use from bond issuance in the first 6 months of 2021...
Nova Lucky Palace Company Limited specializes in real estate business, land use rights owned, used or rented.
The company's legal representative is Phan Ngoc Bao An. This person is currently also the legal representative for a series of companies related to Novaland (No Va Real Estate Investment Joint Stock Company - Novaland). Specifically, this person is the representative of companies such as: Nova Phuc Nguyen Real Estate Investment and Development Company Limited; Nova Festival Joint Stock Company; Nova Rivergate Company Limited; Nova Princess Residence Joint Stock Company; Merufa-Nova Company Limited; Nova Nam A Company Limited...
Source: https://nld.com.vn/cong-ty-nova-lucky-palace-bi-phat-196240910164403578.htm
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