Delisting shares on the stock market is a tool for market regulators to a transparent investment environment, and filter and remove poor quality stocks that cause market manipulation, strengthening investors'' confidence in the stock market.
A number of companies which left the stock market several years ago have returned and traded on the Unlisted Public Company Market (UPCoM) on the Ha Noi Stock Exchange.
Bien Hoa Sugar JSC has announced its 300 million shares traded on the HCM Stock Exchange will be delisted to complete the merger with Thanh Thanh Cong Tay Ninh Sugar JSC.
Twenty-one companies and one fund delisted shares in the first half of
this year, the State Securities Commission revealed yesterday, reducing
the total number of listed companies in the country.