SJC: Decision on continued trading restriction on UPCoM

Following Decision No. 568/QD-SGDHN dated May 23, 2024, HNX announces the continued trading restriction of Song Da 1.01 Joint Stock Company’s shares (stock code: SJC)  as follows:
- Reason for trading restriction: the Company is compulsory delisted; the Company has not organized Annual General Meeting of Shareholders for the recent 02 consecutive fiscal years in the time limit from the end of fiscal year  according to Section 2 Article 139 of the Enterprise Law; the Company is compulsory delisted according to Point i, Clause 1, Article 120 of Decree No. 155/2020/ND-CP dated December 31, 2020 of the Government detailing the implementation of a number of articles of the Securities Law; 
- Trading restriction: be traded on Friday weekly since being removed from trading suspension;
- Applicable law(s): Point e, h Clause 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange
Within 15 days from the date the stock is under continued trading restriction as prescribed in Article 1 of this Decision, Song Da 1.01 Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.
This Decision replaces Decision No. 512/QD-SGDHN dated May 22, 2023.