Bình Sơn Petrochemical Refinery Warned for Delayed Tax Filing Submission

Bình Sơn Petrochemical Refinery has been issued a warning penalty for submitting its tax declaration documents 1 to 5 days past the deadline.

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Binh Son Refinery and Petrochemical Joint Stock Company (Stock Code: BSR, HoSE) has recently announced its receipt of Administrative Penalty Decision No. 1475/QĐ-DNL from the Large Enterprise Tax Department for tax-related violations.

The company was found to have submitted tax declarations 1 to 5 days past the deadline, contravening Clause 1, Article 13 of Decree No. 125/2020/NĐ-CP dated October 19, 2020, issued by the Government, which outlines penalties for administrative violations concerning taxes and invoices.

Due to mitigating circumstances as outlined in Clause 2, Article 9 of the Law on Handling of Administrative Violations No. 15/2012/QH13 dated June 20, 2012, Binh Son Refinery and Petrochemical was issued a warning instead of a monetary fine.

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In other developments, on October 30, 2025, the company completed the distribution of over 1.9 billion shares to 26,870 shareholders. The remaining 7,193 fractional shares will be canceled, with the shares expected to be transferred in Q4/2025.

The company issued more than 930.1 million shares as dividends to shareholders at a ratio of 100:30, meaning shareholders holding 100 shares received 30 new shares.

The total issuance value, based on par value, amounts to nearly VND 9,301.5 billion, funded from undistributed after-tax profits as per the audited Consolidated Financial Statements for 2024, after allocations to funds as per the 2024 Profit Distribution Plan approved by the 2025 Annual General Meeting of Shareholders.

Additionally, the company issued nearly 976.7 million bonus shares to shareholders at a ratio of 100:31.5, meaning shareholders holding 100 shares received 31.5 new shares.

The total issuance value, based on par value, is approximately VND 9,766.6 billion, sourced from the Development Investment Fund as per the audited 2024 Financial Statements of Binh Son Refinery and Petrochemical’s parent company.

Following these issuances, the total number of outstanding shares increased from over 3.1 billion to more than 5 billion, raising the chartered capital from nearly VND 31,005 billion to approximately VND 50,073 billion.

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