FilingReader Intelligence

SIMCO Song Da fined $9.4m for disclosure violations

August 25, 2025 at 06:05 PM UTCBy FilingReader AI

SIMCO Song Da received a VND235m fine from the State Securities Commission for disclosure breaches. The penalty includes VND85m for failing to disclose mandatory information and VND150m for misrepresenting data.

The company inaccurately reported after-tax profits for Q4 2023 and Q2 2024, and failed to disclose several financial reports.

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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