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PX1: Decision on continued trading restriction on UPCoM

09/10/2023
Following Decision No. 1040/QD-SGDHN dated October 05, 2023, HNX announces the continued trading restriction of PX1 stock as follows:
- Ground for continued trading restriction: Reviewed semi-annual Financial Statement of 2023
- Reason: the company is late to submit the reviewed semi-annual financial statements of 2023 more than 45 days from the end of the time limit for information disclosure;
- Other reasons: according to point 2 Article 139 of Enterprise Law, the company has not organized Annual General Meeting of Shareholders for the recent 02 consecutive fiscal years within the maximum period from the end of the fiscal year; the company is late to submit audited financial statements of 2022 more than 45 days from the end of the time limit for information disclosure;
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Points b, and h, Section 1 Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated 16/11/2022 of the Vietnam Stock Exchange.
Within 15 days from the date the stock is under continued trading restriction, Song Lam 2 Cement Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.
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