State Securities Inspectorate fines Geleximco and GC Food

The State Securities Inspectorate has issued administrative penalties against Geleximco Group and GC Food (GCF) for various violations regarding information disclosure and financial reporting.

Geleximco was fined 92.5 million VND for failing to disclose multiple mandatory documents to the Hanoi Stock Exchange (HNX). The violations span from 2020 to the first half of 2024 and include missing reports on bond fund usage, financial statements, and bond interest and principal payment obligations.

GC Food, a producer of aloe vera and coconut jelly, was fined approximately 425 million VND. The penalties stem from incorrect information disclosure and discrepancies in financial reports. Specifically, the company was fined 175 million VND for publishing inaccurate after-tax profit figures in its quarterly reports compared to reviewed semi-annual and audited annual statements for both 2025 and 2026.