PTE: Decision on continued alert on UPCoM and Notice of stock status

Decision on continued alert on UPCoM
Following Decision No. 317/QD-SGDHN dated April 04, 2024, HNX announces the continued alert of PTE stock as follows:
- Issuer: Phu Tho Cement JSC
- Stock code: PTE
- Base of review: Audited Financial Statement 2023
- Reason: The auditor expressed a qualified opinion on the Annual Financial Statements for 03 consecutive years or more
- Applicable law(s): Point a Section 1 Article 33 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of 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, PTE must send a document to the HNX to explain the cause and provide a remedy.
This Decision replaces Decision No. 290/QD-SGDHN dated 04/04/2023.
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Notice of stock status
On April 4, 2024, HNX announces the status of  Phu Tho Cement JSC’s shares (stock code: PTE) as follows:
PTE shares were put on alert according to Decision No.317/QD-SGDHN dated 04/04/2024 due to The auditor expressed a qualified opinion on the Annual Financial Statements for 03 consecutive years or more so it belonged to the cases of stocks being put on alert according to the provisions at Point a, Clause 1 Article 33 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.
PTE shares remains under trading restriction according to Decision No.318/QD-SGDHN dated 04/04/2024 because it had negative owner equity in Audited Financial Statements 2023 as prescribed in Point a, Clause 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.