CMH Group executives fined for CMS stock transaction violations

The State Securities Inspectorate has issued administrative fines totaling 450 million VND against two high-ranking executives of CMH Vietnam Group (CMH Group, ticker: CMS) for violations involving the concealment of stock ownership.

Tran Van Trung, Deputy General Director, was fined 225 million VND for using a securities account under the name Tran Ngoc Linh at MB Securities to trade CMS shares. This action was taken to hide actual ownership and evade information disclosure obligations between January 2022 and September 2023.

Accounting Chief Dinh Thi Thuy was also fined 225 million VND for similar conduct. She utilized a securities account under the name Nguyen Thuy Dung at FPT Securities to trade CMS shares to conceal ownership and avoid disclosure requirements between December 2010 and August 2024.