Following Decision No. 1096/QD-SGDHN dated 20/10/2023, HNX announces the continued trading restriction of BII stock as follows:
- Reason for continued trading restriction: the company is late to submit reviewed semi-annual financial statement for 2023 more than 45 days from the end of the time limit for information disclosure
- Ground for continued trading restriction: reviewed semi-annual financial statement for 2023
- Other reason for trading restriction: the company is forced into mandatory delisting out of the auditor gave disclaimer opinion on Financial Statement 2022
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Points b, c 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 as prescribed in this Decision, the company must send a document to the HNX to explain the cause and provide a remedy.