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Mekophar and Geleximco each fined 92.5 million VND for information disclosure violations

The State Securities Commission's inspectorate fined Mekophar (UPCoM: MKP) and Geleximco Group 92.5 million VND each for information disclosure violations. Mekophar was penalized for delaying several annual reports, financial statements and explanations of profit changes, including a document explaining its Q1 2025 shift from profit to loss. Geleximco failed to submit or was late with many documents on its financial condition, use of bond proceeds and payment obligations to bondholders, including information on early bond buybacks for codes GLXCH2123001 and GLXCH2123003. The decisions were issued on Oct. 14, 2026 for Mekophar and Oct. 13, 2026 for Geleximco. Regulators stressed that complete and timely disclosure helps investors and bondholders assess the companies' financial health and ability to meet their obligations.

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

Original headline: Mekophar và Geleximco cùng bị phạt 92,5 triệu đồng vì vi phạm công bố thông tin

Read the original on CafeF ↗

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