In Vietnam, the State Securities Commission (SSC) has fined one company and four individuals a total of VND190 million (US$10,700) for alleged insider trading. Thanh Nien News reports that on September 23, 2008, the Ho Chi Minh Stock Exchange announced that the Ministry of Finance has returned more than VND233 billion in capital surplus to the Ben Tre Forestry and Aquaproduct Import Export Company (FBT).
Prior to that date, however, from July 28 to September 19, the Pacific Dragon Company, whose chairman Nguyen Quoc Toan is also a FBT board member, and four individuals bought FBT shares on speculation that the price of shares would jump after the surplus refund was announced publicly, which it did.
