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IDICO fined 157.5m VND for disclosure violations

October 2, 2025 at 06:00 PM UTCBy FilingReader AI

On October 1, 2025, IDICO Corporation - JSC received Decision No. 298/QĐ-XPHC from the State Securities Commission, imposing administrative sanctions totaling VND 157,500,000. This fine addresses two distinct violations related to information transparency.

The first penalty of VND 92,500,000 was levied for the company's failure to disclose information as required by law. The second fine, amounting to VND 65,000,000, was for disclosing incomplete information.

IDICO Corporation - JSC confirmed that all information regarding these sanctions has been published on its website, www.idico.com.vn, under the "Investor Relations" section. The company stated it takes full legal responsibility for the accuracy of the disclosed information.

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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