POM: Decision on trading restriction and Notice of stock status

Following Decision No. 501/QD-SGDHN dated May 22, 2024, HNX announces the trading restriction of POM stock as follows:
- Ground for trading restriction: Decision No. 208/QD-SGDHCM dated April 10, 2024 of HOSE about the delisting of POM shares
- Reason: The company belongs to the cases of mandatory delisting according to Point I Section 1 Artcile 120 of Decree No.155/2020/ND-CP dated 31/12/2020 of the Government
- Effective date: 23/5/2024;
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Point e Section 1 Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated 16/11/2022 of the Vietnam Exchange.
Within 15 days from the date the stock is under trading restriction, Pomina Steel Corporation must send a document to the HNX to explain the cause and provide a remedy.
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On May 22, 2024, HNX announces the status of Pomina Steel Corporation’s shares (stock code: POM) as follows: POM shares are under trading restriction according to Decision No.501/QD-SGDHN dated May 22, 2024 due to the reason(s) that The company belongs to the cases of mandatory delisting according to Point I Section 1 Artcile 120 of Decree No.155/2020/ND-CP dated 31/12/2020 of the Government as prescribed at Point e Section 1 Article 34of the Regulations attached to Decision No.34/QD-HDTV dated 16/11/2022 of the Vietnam Exchange.