Decision on continued trading restriction on UPCoM
Following Decision No. 534/QD-SGDHN dated May 23, 2024, HNX announces the continued trading restriction of SSN stock as follows:
- Ground for trading restriction: Audited Financial Statements 2023
- Reason for trading restriction: the Company was late in submitting the Audited Financial Statements 2023 for more than 45 days;
- Other reason for trading restriction: the Company was late in submitting the Audited Financial Statements 2022 & Reviewed Semi-Financial Statements 2023 for more than 45 days; the Company has received the Court's decision to open bankruptcy proceedings in accordance with the law on corporate bankruptcy;
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Point b, d 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, Saigon Seaproducts Import Export Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.
This Decision replaces No. 1042/QD-SGDHN dated October 05, 2023.
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Notice of stock status
On May 23, 2024, HNX announces the status of Saigon Seaproducts Import Export Joint Stock Company’s shares (stock code: SSN) as follows:
SSN shares are under continued trading restriction due to : the Company was late in submitting the Audited Financial Statements 2023 for more than 45 days; the Company was late in submitting the Audited Financial Statements 2022 & Reviewed Semi-Financial Statements 2023 for more than 45 days; the Company has received the Court's decision to open bankruptcy proceedings in accordance with the law on corporate bankruptcy according to the provisions at Point b, d Clause 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange