G20: Decision on being put out of alert and Notice of stock status

Decision on being put out of alert
On October 15, 2024 Hanoi Stock Exchange announces Decision No. 1107/QD-SGDHN putting the following stock out of alert:
- Base for consideration: Dispatch No. 02/CV-G20 dated 03/10/2024 and Annual General Mandate 2024 No. 01/2024-NQ dated 28/6/2024 of Vinh Phuc Textile Investment Joint Stock Company;
- Reason: The Company organized the Annual General Meeting 2024;
- Effective date: October 21, 2024;
- Applicable law(s): Point b Section 4 Article 33 of the Regulations attached to Decision No. 34/QD-HDTV dated November 16, 2022 by the Board of Members of the Vietnam Exchange.
-------------------------------------------------------------------------------------------------------------------------------------Notice of stock status
On October 15, 2024, HNX announces the status of Vinh Phuc Textile Investment Joint Stock Company’s shares (stock code: G20) as follows:
- G20 shares are put out of alert according to Decision No. 1107/QD-SGDHN dated 15/10/2024 because the company organized Annual General Meeting Of Shareholders 2024 according to Point b Section 4 Article 33 of the Regulations attached to Decision No. 34/QD-HDTV dated November 16, 2022 by the Board of Members of the Vietnam Exchange;
- G20 shares are under continued trading restriction according to Decision No. 1048/QD-SGDHN dated October 04, 2024 due to the reasons that the company had negative owner equity in the Audited Financial Statement 2023; the auditor gave their disclaimer opinion on the Financial Statement 2023; the company is late in submitting the Reviewed Semi-Financial Statements 2024 for more than 45 days from the deadline of information disclosure according to points a, b, c Clause 1 Article 34 of the Regulations attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Exchange.