Lilama 10 Joint Stock Company was fined for governance violation
Lilama 10 Joint Stock Company received a VND 112.5 million fine on July 16, 2025. The company was penalized for not having an independent board of directors member. This violated regulations regarding the structure and number of independent board members. In Q2 2025, Lilama 10’s net profit halved compared to the previous year, reaching just over VND 7.1 billion.
Lilama 10 Joint Stock Company received a VND 112.5 million fine on July 16, 2025. The company was penalized for not having an independent board of directors member. This violated regulations regarding the structure and number of independent board members. In Q2 2025, Lilama 10’s net profit halved compared to the previous year, reaching just over VND 7.1 billion.
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