Dao Huu Kha, chairman of Duc Giang Chemicals, stated that market volatility and recent events have caused DGC's stock to fall sharply, trading well below its intrinsic value.
Duc Giang Chemical will present a proposal to shareholders to remove Luu Bach Dat and Nguyen Quoc Trung from the Board of Directors, following their recent prosecution.
Luu Bach Dat, a board member and general director of Duc Giang Chemical Group, along with two others, have been prosecuted on charges of environmental pollution and resource exploitation violations.
