PEG: Decision on being put on continued alert

On February 15, 2024, Hanoi Stock Exchange announced Decision No. 74/QD-SGDHN putting the PEG stock under continued alert:
·         Base of review: Audited Financial Statement 2023
·         Effective date: 03/03/2023
·         Reason: The audit organization have expressed a qualified opinion on the Annual Financial Statements for 03 consecutive years or more
·         Applicable law(s): Point a, Clause 1 Article 33 of the Regulation attached to Decision No. 34/QD-HDTV dated 16/11/2022 of the Board of members of the Vietnam Stock Exchange
Within 15 days from the date the stock is put on continued alert, Petec Trading and Investment Corporation must send a document to the HNX to explain the cause and provide a remedy.