The State Securities Commission (UBCKNN) fined three companies listed on UPCoM on October 19 and 20, 2026. TID was fined 92.5 million VND for late disclosure of semi-annual financial statements and general meeting documents, while STS was fined 162.5 million VND for disclosure failures related to its 2024 financial statements and public company status. GCF received total fines of 425 million VND, with the heaviest penalty (175 million VND) for disclosing profit-after-tax figures that did not match between quarterly and reviewed or audited statements; for example, its consolidated H1 2026 profit after tax was over 51 billion VND in the Q2 report but nearly 32 billion VND after review. Other GCF violations included late disclosure of board candidate information for the 2026-2031 term and failure to report a change in capital use plan.
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Original headline: UBCKNN đồng loạt phạt TID, STS và GCF
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