Flashback to 09/07/2025, HOSE decided to place ORS on alert status from 16/07/2025, as the auditor of the 2024 financial statements, Ernst & Young Vietnam Co., Ltd., expressed an exception regarding service fees receivable with a balance as of 31/12/2024 of over VND 28 billion.
According to ORS, by the end of 30/06/2025, this service fee receivable had been completed and the Company no longer had a balance of service fee receivables as mentioned in the exception of the auditing organization.
On 14/08/2025, the Company announced the 2025 semi-annual financial statements audited by International Audit and Valuation Co., Ltd., with the conclusion of the auditing organization being full acceptance.
After announcing that it had overcome the reasons for being put on alert, ORS stock immediately received a boost and soon hit the ceiling price in the 25/08 session, but then faced some pressure.
As of 10:40 am, ORS was up 5.08% to VND 13,450/share. Compared to the early April lows due to a series of unfavorable news from internal to the shock of tariffs on the entire market, ORS stock price has increased by nearly 90%.
 ORS hit the ceiling price in the 25/08 session
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In another development, ORS has just announced a change in the person in charge of administration. Accordingly, Ms. Nguyen Thi Ngoc Thao will take on the role of Chief of the Board of Directors Office, Head of Administration of the Company from 22/08/2025. Previously, Ms. Thao did not hold any positions at ORS. According to the information provided, Ms. Thao currently does not hold any positions in other organizations and does not own any ORS shares.
The case of exemption is Ms. Nguyen Thi Le Tung – currently holding the position of Director of ORS Finance Block. Recently, Ms. Tung was also dismissed by the 2025 Annual General Meeting of Shareholders from the position of Member of the Board of Directors, along with 5 other members of the Board of Directors, including Mr. Do Anh Tu, Ms. Bui Thi Thanh Tra, Mr. Ta Quang Luong, and Mr. Le Quoc Hung.
The meeting elected three new members to the Board of Directors, including Mr. Nguyen Hong Quan, Ms. Dang Thi Bich Thuy, and Mr. Tran Quang Huy. Thus, in terms of personnel, ORS has reduced the number of members of the Board of Directors from 7 to 5.
At the same time, the meeting dismissed Mr. Nguyen Trat Minh Phuong from the position of Member of the Supervisory Board and elected Ms. Nguyen Thi Phuong Thuy to this position.
– 11:28 25/08/2025
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