Dien Quang and Hoa Binh Construction fined for disclosure violations

The State Securities Inspectorate has issued administrative penalties against Dien Quang Group, Hoa Binh Construction Group, and Signo Land for violations regarding information disclosure obligations on the stock market.

Dien Quang Group received the highest fine of 150 million VND for publishing misleading information. The company reported a 2025 consolidated fourth-quarter after-tax profit of over 11.53 billion VND, but the audited annual report revealed the actual profit was only approximately 4.87 billion VND, a discrepancy of roughly 6.66 billion VND. In addition to the fine, the company must cancel or correct the inaccurate information.

Hua Binh Construction Group was fined 92.5 million VND for failing to disclose or for the late disclosure of various bond-related information. These violations include failing to publish audited reports on the use of proceeds from bond issuances and delaying reports regarding principal and interest payments, as well as reports on the completion of early bond buybacks.