HCM CITY (Biz Hub)— The HCM City exchange decided to place Development Investment Construction Co (DIG) under a warning from yesterday following the opinion of auditors concerning the company's 2012 consolidated financial statement.
This decision was to protect proper investors interests, the exchange said.
According to auditors, DIG did not make provision for the overdue receivables worth VND130.55 billion (US$6.2 million) that were recorded by its real estate business, pushing up the company's profit by the same amount.—VNS