From 25-9: Add tools to monitor public companies

Vice Chairwoman of the State Securities Commission Nguyen Thi Lien Hoa said that from September 25, 2013, the State Securities Commission officially used the electronic information disclosure data system (IDS) to monitor public companies.

Public companies listed on the stock exchange must disclose information on the State Securities Commission's electronic information portal. Photo: Internet.

Accordingly, the operation of the IDS system helps the state management agency of the stock market to access information quickly and promptly disclose information to the market. Therefore, investors can grasp information about enterprises to make reasonable investment decisions, minimizing risks due to slow or no access to information. At the same time, it supports the State Securities Commission in implementing the operations of market analysis, evaluation, forecasting and monitoring of reporting and information disclosure of enterprises.

Because the information published through IDS includes: Periodic, extraordinary and published information; Information related to public offering of securities; Private issuance, issuance of shares to pay dividends, increase of charter capital from equity, ESOP; Treasury stock transactions, public tender offers...

In addition, to ensure the safety and security of the reported information, the IDS System uses high security technology to prevent illegal access, and to decentralize and authorize users according to assigned functions. In addition, the reporting data sent from public companies to the State Securities Commission is applied with public digital signatures to ensure the legality of the published information.

According to HQ Online- LT