On May 6, the Ho Chi Minh Stock Exchange announced the decision to move shares of Bamboo Capital Group (BCG) and Tracodi Construction Group (TCD) from warning to control due to delayed submission of the 2024 audited financial statements. Both companies have not disclosed the Q1/2025 financial statements per regulations and acknowledged facing several internal changes involving major shareholders and personnel that affected their financial reporting processes. The consolidated financial statements are expected to be released in September 2025. Tracodi is also restructuring to stabilize its business operations and is working with an auditing firm to expedite its report. Additionally, news of the prosecution of former Chairman Nguyễn Hồ Nam of Bamboo Capital has led to a steep decline in the stock prices of companies in the Bamboo group, with BCG dropping to 3,020 VND/share and TCD at 1,890 VND/share.
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