Bamboo Capital Drops to Floor Price After Trading Restrictions

The Ho Chi Minh Stock Exchange (HoSE) has categorized BCG shares of Bamboo Capital Group into restricted trading effective from May 27 due to the company’s late submission of the audited financial report for 2024. If not resolved promptly, the shares may face suspension or delisting. Previously, the shares were under control since May 13, with HoSE reminding the company about the delay in announcing the Q1 2025 financial report. Bamboo Capital cited shareholder and personnel fluctuations as reasons behind the disruption in reporting. They plan to release the consolidated financial report by early September 2025. In the trading session of May 21, BCG shares dropped to the floor price at 3,070 VND per share, following a brief surge where the stock price increased by 50%. According to the Q4 2024 self-reported results, Bamboo Capital recorded revenue of 4,372 billion VND and a post-tax profit of 845 billion VND, reflecting increases of 9% and 394% year-on-year.

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