Implementation of the Decision on admistrative sanctions for violation pertaining to taxation

Ho Chi Minh City, March 16, 2017

 No: 291/2017/CV-SSIHO 

          Re: Implementation of the Decision on admistrative sanctions for violation pertaining to taxation

Re:

INFORMATION DISCLOSURE ON ELECTRONIC PORTAL

OF THE STATE SECURITIES COMMISSION AND HCMC STOCK EXCHANGE

To: - Ho Chi Minh City Stock Exchange

- Ha Noi Stock Exchange

- The State Securities Commission

Name of the Company:SAIGON SECURITIES INC.

Symbol code:SSI

HQ address:72 Nguyen Hue Street, Ben Nghe Ward, District 1, HCMC, Vietnam

Telephone:(848) 38242897

Fax:(848) 38242997

Spokesman:Nguyễn Hồng Nam

Address: 72 Nguyen Hue Street, Ben Nghe Ward, District 1, HCMC, Vietnam

Telephone (office):(848) 38242897

Fax: (848) 38242997

Type of information   (X) 24 hours     irregular info    on demand          periodic info.

Information to disclose:

Implementing the Decision No. 876/QĐ-CT-XP dated March 13, 2017 of Department of Taxation of Ho Chi Minh City on administrative sanctions for violations pertaining to taxation, Saigon Securities Inc. has completed its payment obligations for administrative fines and corporate income tax (CIT) arrears as required under the above mentioned Decision on March 16, 2017; concretely, the amounts paid to the State Budget as follows:

-Fines: VND30,314,712

-CIT arrears: VND191,027,032

-CIT late payment penalties: VND75,577,470.

This information was posted on SSI website on March 16, 2017 at this link www.ssi.com.vn.

The Company hereby declares to be responsible for the accuracy and completeness of the above information.

Spokesman

(signed and sealed)

Nguyen Hong Nam

Deputy Chief Executive Officer