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

Following Decision No. 526/QD-SGDHN dated 23/05/2024, HNX announces the continued trading restriction of NSG stock as follows:
- Reason for continued trading restriction: the company was late in submitting Audited financial statement 2023 for over 45 days; the auditor gave disclaimer opinion on the most recent Audited Financial statement;  the company did not organize Annual General Meeting of Shareholders in the most recent 02 fiscal years according to Clause 2, Article 139 of the Enterprise Law; it had negative owner equity in Review Financial Statement 2022
- Trading restriction: be traded on Friday weekly when it is removed from trading suspension
- Applicable laws: Points  a, b, c, h 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, Sai Gon Plastic Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.
This decision replaces Decision No.1319/QD-SGDHN dated 18/12/2023.
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On May 23, 2024, HNX announces the status of Sai Gon Plastic Joint Stock Company’s shares (stock code: NSG) as follows: NSG shares are under continued trading restriction since 23/05/2024 according to Decision No.526/QD-SGDHN because the company was late in submitting Audited financial statement 2023 for over 45 days; the auditor gave disclaimer opinion on the most recent Audited Financial statement;  the company did not organize Annual General Meeting of Shareholders in the most recent 02 fiscal years according to Clause 2, Article 139 of the Enterprise Law; it had negative owner equity in Review Financial Statement 2022as prescribed at Points a, b, c, h Section 1 Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.