According to the State Securities Commission, Nhat Quang Real Estate Development Joint Stock Company, located on the 3rd floor, ACM Building, 96 Cao Thang, Ward 4, District 3, Ho Chi Minh City, has violated many regulations in the securities sector.

Accordingly, Nhat Quang Real Estate did not send information disclosure content to the Hanoi Stock Exchange for the following documents: Report on the implementation of commitments of the issuing enterprise to bondholders in 2022, Financial report for the first 6 months of 2023, Report on the implementation of commitments of the issuing enterprise to bondholders for the first 6 months of 2023.

This company sent the information disclosure to the Hanoi Stock Exchange late for the following documents: Report on the use of capital from bond issuance in 2021, payment of interest and principal of bonds in 2021, Financial report in 2021,...

In addition, Nhat Quang also failed to send on time documents such as the situation of interest and principal payments of bonds in 2022, Report on the use of proceeds from bond issuance for outstanding bonds audited by a qualified auditing organization for the first 6 months of 2023,...

In response to the above violations, the State Securities Commission decided to fine this company VND 92.5 million.