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

Following Decision No.63/QD-SGDHN dated February 10, 2025, HNX announces the following stock will be put under trading restriction as follows:
- Base for consideration: Decision No. 748/QD-SGDHN dated 30/12/2024 by Hochiminh Stock Exchange on delisting of GMC shares
- Reason: Garmex Saigon Corporation is a company that is subject to mandatory delisting as prescribed in Point b, Clause 1, Article 120 of Decree No. 155/2020/ND-CP dated December 31, 2020 of the Government;
- Effective date: 12/02/2025
- Trading restriction: be traded on Friday weekly
- Applicable law(s): Point d 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, the Company shall send a document to the HNX to explain the cause and provide a remedy.
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Notice of stock status
On February 10, 2025, HNX announces the status of GMC shares as follows: GMC shares are under trading restriction due to the reason(s) that the company is a company that is subject to mandatory delisting as prescribed in Point b, Clause 1, Article 120 of Decree No. 155/2020/ND-CP dated December 31, 2020 of the Government as prescribed at point d Section 1, Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated 16/11/2022 of the Vietnam Exchange.