Singer Khanh Phuong's Song Da 1.01 (SJS) was accused by the Director of not paying salary

Shares of Song Da 1.01 Joint Stock Company (SJS), of which singer Khanh Phuong is a shareholder, continuously draw virtual Christmas trees.

Song Da 1.01 Joint Stock Company (Code SJS) has attracted a lot of attention when singer Khanh Phuong appeared in the company's shareholder structure. During the time singer Khanh Phuong started participating in the company's Board of Directors from June 2022 until now, SJS shares have drawn virtual Christmas trees twice in a row.

Specifically, from June 2022, the code SJS was only priced at VND 1,400/share but then increased to a peak of VND 17,900/share on December 26, 2022, just 6 months after singer Khanh Phuong joined the Board of Directors.

Song Da 1.01 (SJS) shares of singer Khanh Phuong continuously draw virtual pine trees (Photo TL)

After reaching its peak, SJS shares continuously fell sharply, down to VND 4,600/share in the trading session on March 20, 2023, equivalent to a loss of 74% in just the next 3 months.

Not stopping there, SJS shares then continued to increase in price to 15,700 VND/share on June 19, 2023 before plummeting to 10,200 VND/share on July 24, 2023. Up to now, SJS shares are still in a state of restricted trading, standing at 13,400 VND/share.

Song Da 1.01 Director Resigns, 'Accuses' Company of Not Paying Salary as Committed for 7 Months Now

Recently, on the homepage of Song Da 1.01 Joint Stock Company, a new announcement was posted. In which Mr. Le Ha Phuong will cease to hold the position of Executive Director from August 1, 2023. Mr. Phuong also announced the unilateral termination of the labor contract before the term with Song Da 1.01 Joint Stock Company.

Notice of unilateral termination of labor contract of director Le Ha Phuong due to failure to pay salary as committed.

The reason given by Mr. Phuong is that the company has not paid him the full salary as committed from the date of signing the labor contract on January 2, 2023 until now. In the notice, Mr. Phuong also requested SJC to send someone to receive and hand over the work, pay all the salary as well as publicly announce the information as prescribed by law.

Also on the same day, Song Da 1.01 Joint Stock Company also announced the postponement of the 2023 annual general meeting of shareholders. The first meeting could not be held because the number of shareholders attending did not reach 50% of the voting shares. The company is expected to hold the second general meeting on August 27, 2023.

However, the Board of Directors currently needs to supplement business content and develop a new operating plan, so the Board of Directors has decided to postpone the annual General Meeting of Shareholders until further notice.

Source: https://www.congluan.vn/song-da-101-sjs-cua-ca-si-khanh-phuong-bi-giam-doc-to-khong-tra-luong-post261648.html