NHP: Decision on continued trading restriction on UPCoM

Following Decision No. 781/QD-SGDHN dated July 09, 2024, HNX announces the continued trading restriction of NPH stock as follows:
- Reason for continued trading restriction: 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
- Reason for other trading restriction: the company was compulsory delisted according to Point I Section 1 Article 120 of the Decree No.155/2020/ND-CP dated 31/12/2020 of the Government on some articles of Securities Law; the company was late in submitting Review financial statement 2023 for over 45 days as prescribed at Points b, e Section 1 Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.
- Trading restriction: be traded on Friday weekly when it is removed from trading suspension;
- Applicable law(s): Points b, e, h Section 1 Article 34 of the Regulations 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, NHP Production Import-Export Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.