KAC: Decision on continued trading restriction on UPCoM

On December 07, 2023, HNX announced the continued trading restriction of Khang An Investment Real Estate Joint Stock Company’s shares (stock code: KAC) as follows:
- Reason for trading restriction: the Company has not convened the Annual General Meeting of Shareholders for the recent 02 consecutive fiscal years from the end of a fiscal year;  the Company was late in submitting the Reviewed Financial Statements 2022 and 2023 for over 45 days.
- 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 November 16, 2022 by the Vietnam Stock Exchange
Within 15 days from the date the stock is under continued trading restriction as prescribed in Article 1 of this Decision, Khang An Investment Real Estate Joint Stock Company shall send a document to the HNX to explain the cause and provide a remedy.