Alphanam E&C implements plan to exit warning status
Alphanam E&C has submitted a remedial plan to address its warning status issued by the Hanoi Stock Exchange in April 2025. The warning stemmed from qualified audit findings related to unconfirmed payables due to outdated supplier contact information.
The company has established a task force to update supplier contacts, standardize debt management processes, and collaborate with auditors on alternative procedures. As of June 30, Alphanam E&C has reconciled 70% of customer debt values.
The company expects to complete debt confirmation letter collection by August 2025 and aims to achieve an unqualified audit opinion in its 2025 financial statements, which would remove its shares from the warning list.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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