PXC: Notice on continued UPCoM trading restriction and Notice of stock status

Following Decision No. 529/QD-SGDHN dated 23/05/2024, HNX announces the continued trading restriction of PXC stock as follows:
- Reason for continued trading restriction: the company was late in submitting Audited financial statement 2023 for over 45 days
- Other reasons for trading restriction: the company was late in submitting Reviewed financial statements 2023 for over 45 days; the auditor gave disclaimer opinion on Audited Financial statement 2022; the company had negative equity in Audited financial statement 2022
- Trading restriction: be traded on Friday weekly;
- Applicable laws: Points a, b, c Section 1 Article 34 of the Regulations on Organization and Management of the UPCoM Exchange attached to Decision No.34/QD-HDTV dated 16/11/2022.
Within 15 days from the date the stock is under continued trading restriction as prescribed in Article 1 of this Decision, PetroVietnam Urban Development Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.
This decision replaces Decision No.1041/QD-SGDHN dated 05/10/2023.
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On May 23, 2024, HNX announces the status of PetroVietnam Urban Development Joint Stock Company’s shares (stock code: PXC) as follows: PXC shares are under continued trading restriction since 23/05/2024 according to Decision No.529/QD-SGDHN because the company was late in submitting Reviewed financial statements 2023 for over 45 days; the auditor gave disclaimer opinion on Audited Financial statement 2022; the company had negative equity in Audited financial statement 2022 as prescribed in Points a, b, c Section 1 Article 36 of the Regulations on Organization and Management of the UPCoM Exchange attached to Decision No.34/QD-HDTV dated 16/11/2022