STL: Decision on continued trading restriction on UPCoM & Notice of stock status

Decision on continued trading restriction on UPCoM
On October 21, 2024, HNX announces Decision No. 1130/QD-SGDHN on the continued trading restriction of Song Da - Thang Long JSC’s shares (stock code: STL) as follows:
-  Base of review: Reviewed Semi-Annual Semi-Financial Statement 2024
- Reason for trading restriction: the Company was late in submitting the Reviewed Semi-Financial Statement 2024 for more than 45 days;
- Other reason for trading restriction: 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; the Company was late in submitting the Reviewed Semi-Financial Statements 2017, 2018, 2019, 2020, 2021, 2022, 2023 for more than 45 days; the Company has negative owner’s equity recorded in the audited Financial Statement 2016; the auditing organization gave disclaimer opinion on Financial Statements 2016; 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;
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Points a, b, c, 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 - Thang Long JSC must send a document to the HNX to explain the cause and provide a remedy.
This Decision replaces Decision No. 798/QD-SGDHN dated July 09, 2024
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Notice of stock status
On October 21, 2024, HNX announces the status of Song Da - Thang Long JSC’s shares (stock code: STL) as follows: 
- STL shares are under continued trading restriction due to 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; the Company was late in submitting the Reviewed Semi-Financial Statements 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024 for more than 45 days; the Company has negative owner’s equity recorded in the audited Financial Statement 2016; the auditing organization gave disclaimer opinion on Financial Statements 2016 according to the provisions at Points a, b, c, h Clause 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.