Decision on continued trading restriction on the UPCoM
Following Decision No. 275/QD-SGDHN dated April 03, 2024, HNX announces the continued trading restriction of CK8 stock as follows:
- Issuer: 120 Mechanical Joint Stock Company
- Securities type: common stock
- Stock code: CK8
- Base of review: Audited Financial Statements 2023
- Reason: The Company has negative owner's equity in the Audited Financial Statements 2023
- Form of trading restriction: Trading is available only every Friday
- Applicable law(s): Point a Section 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 by the Board of Members of the Vietnam Stock Exchange
Within 15 days from the date the stock is put on alert as prescribed in Article 1 of this Decision, 120 Mechanical Joint Stock Company shall send a document to the HNX to explain the cause and provide a remedy.
This Decision replaces Decision No. 336/QD-SGDHN dated April 05, 2023.
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Notice of stock status
On April 03, 2024, HNX announces the status of 120 Mechanical JointStock Company’s shares (stock code: CK8) as follows:
CK8 shares are under trading restriction as the Company has negative owner's equity under the Audited Financial Statements 2023 as prescribed in Point a Section 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 by the Vietnam Stock Exchange.
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