40 Investment and Construction foreign ownership limit adjusted to 0%
40 Investment and Construction Joint Stock Company announced on November 4, 2025, that it received an official letter from the State Securities Commission (UBCK) dated October 29, 2025. This letter, numbered 6940/UBCK-PTTT, pertains to the company's filing for a change in the maximum foreign ownership limit. The filing, submitted on October 9, 2025, indicates a 0% foreign ownership limit for the company.
The UBCK's letter emphasizes the responsibility of individuals and organizations involved in preparing the filing to ensure its legality, accuracy, truthfulness, and completeness, in accordance with the Securities Law and subsequent amendments. The company is also advised to comply with regulations regarding foreign ownership limits as stipulated in government decree no. 155/2020/ND-CP and its amendments by decree no. 245/2025/ND-CP.
Furthermore, the UBCK recommends that 40 Investment and Construction Joint Stock Company fulfill its information disclosure obligations as per circular no. 96/2020/TT-BTC dated November 16, 2020, issued by the minister of finance. The Vietnam Securities Depository and Clearing Corporation (VSDC) is instructed to update and adjust the maximum foreign ownership ratio for the company on its system.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when 40 Investment and Construction Joint Stock Company publishes news
Free account required • Unsubscribe anytime