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61 Accounts Used to Manipulate Kido Shares, 3 Individuals Fined VND 4.5 Billion

The State Securities Commission (UBCKNN) fined 3 individuals a total of VND 4.5 billion for manipulating shares of Kido (KDC). From 2/5/2024 to 6/1/2025, they used 61 securities accounts to repeatedly buy and sell KDC shares to create artificial supply and demand; each was fined VND 1.5 billion, and no illegal gains could be determined. In addition, the 3 are barred from trading securities for 2 years from 2/11/2026 and from holding positions at securities firms, fund management companies and related organizations for the same period. Another 17 individuals who lent their accounts for the scheme had trading suspended for 9 months and were barred from trading for 2 years; their illegal gains have not been determined.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Dùng 61 tài khoản thao túng cổ phiếu Kido, 3 cá nhân bị phạt 4,5 tỷ đồng

Read the original on CafeF ↗

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KDCmarket manipulationState Securities CommissionVietnam

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Related tickers and likely impact

KDC

▼ Likely negative

KIDO Group

Relevance: medium

MarketVietnam stocks
ExchangeHOSE
SectorFood & Beverage
IndustryFood Production
Market cap13,873 bn VND
P/E24.8
P/B2.40
Close on 10/30/202650.20
Change that session0.00%
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