KLF: Decision on being put under trading restriction and Notice on stock status

Following Decision No. 556/QD-SGDHN dated May 23, 2024, HNX announces the following KLF stock will be put under trading restriction as follow:
- Base for consideration: Audited Financial Statement 2023;
- Reason: the Company is late in submitting the audited Financial Statement 2023 for more than 45 days from the deadline of information disclosure;
- Effective date: 29/5/2024;
- Trading restriction: be traded on Friday weekly from the day the shares are put out of trading suspension;
- Applicable law(s): Point b Section 1 Article 34 of the Regulations on registration and management of transactions of unlisted securities promulgated together with Decision No. 34/QD-HDTV dated November 16, 2022 by the Vietnam Exchange
Within 15 days from the date the stock is put under trading restriction, CFS Investment and Export Import Trading Joint Stock Company shall send a document to the HNX to explain the cause and provide a remedy.
------------------------------------------------------------------------------------------------------------------------------------
On May 23, 2024, HNX announces the status of CFS Investment and Export Import Trading Joint Stock Company’s shares (stock code: KLF) as follows:
- KLF stock is under trading restriction since May 29, 2024 according to Decision No. 556/QD-SGDHN dated May 23, 2024 due to the reasons that the Company is late in submitting the audited Financial Statement 2023 for more than 45 days from the deadline of information disclosure under Point b Section 1 Article 34 of the Regulations on registration and management of transactions of unlisted securities promulgated together with Decision No. 34/QD-HDTV dated November 16, 2022 by the Vietnam Exchange;
- KLF stock is under trading suspension under Decision No. 66/QD-SGDHN dated February 05, 2024 as the Company was forced into delisting because of serious violations on information disclosure under Point dd Section 1 Article 36 of the Regulations attached to Decision No. 34/QD-HDTV dated November 16, 2022 by the Vietnam Exchange.