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Notes on information disclosure for Big shareholders and Internal shareholders

315 - 2012

On June 1st 2012, Circular 52/2012/TT-BTC that instructed on information disclosure on the stock market and replaced Circular 09/2010/TT-BTC officially become valid.

To unify the act of providing registered information and transaction reports of investors according to the regulation in Chapter VI of Circular 52/2012/TT-BTC, Ho Chi Minh City Stock Exchange (HOSE) reminds organizations and individuals should pay attention to the following matters when providing transaction information of big shareholders, internal shareholders and State shareholders, and attorneys to provide information and the related parties:

  1. When information is provided, information must be fully provided according to the sample regulated in Circular 52/2012/TT-BTC, HOSE will not provide information if the Announcement/ Report uses wrong samples of lacks required information.
  2. The quantity of shares before the transaction, registered to trade and after the transaction must be accurate.
  3. If the Announcement/Report has errors, the investors must correct information by enactment.
  4. Announcement/Report of organization and shareholders’ transactions must have the signature of the authorities and be stamped by the organization that makes that transaction.
  5. HOSE will adjust the expected time of transaction at the Transaction Announcement Board to suit to suit the current regulations. Investors should check the information announced by HOSE (Website: www.hsx.vn) about the official time of transaction before making the transaction.

HOSE will carry out the recommendation from June 1st 2012 on.