Nguyen Nghia Dung, brother of Nguyen Thi Ngoc Loan – Chairman of SMC Trading Joint Stock Company, has been fined 100 million VND by the State Securities Commission for failing to report the sale of 780,000 SMC shares in March 2024. This action violates the provisions of Decree 156/2020/ND-CP. Additionally, the Ho Chi Minh City Stock Exchange has placed SMC shares under warning since September 16, 2025, due to multiple violations of information disclosure regulations within a year. SMC shares are also under warning for having negative retained earnings according to the reviewed financial statements. SMC will hold an extraordinary general meeting on September 25, 2025, to elect additional board members.
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