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PENALTIES FOR VIETNAMESE FIRMS THAT ISSUE UNREGISTERED SHARES.
HANOI, April 1 Asia Pulse - The State Securities Commission will crack down on companies that issue shares without registering as of April 1.
In a note sent to relevant ministries and agencies on Friday, the commission said that many enterprises, especially smaller ones, had sold shares without registering with the commission and without meeting regulations.
The commission said it had evidence that several companies had violated regulations since last year. It also confirmed that 190 companies had registered to sell shares last ...
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Source: HighBeam Research, PENALTIES FOR VIETNAMESE FIRMS THAT ISSUE UNREGISTERED SHARES.