VE8: Maintain stock under supervision and Notice on stock status

Maintain stock under supervision
On 20/02/2025, based on the Regulation on securities listing and trading attached to Decision No. 17/QD-HDTV dated 31/3/2022 of the Board of members of the Vietnam Stock Exchange, Hanoi Stock Exchange announces Decision No.85/QD-SGDHN maintaining the following stock under supervision:
-     Issuer: VNECO8 Electricity Construction Joint Stock Corporation
-     Stock code: VE8
-     Effective date: 26/02/2025
-     Base of review: Financial Statement Q4/2024
-Reason for maintaining supervision: its owner equity was negative in Financial Statement Q4/2024
- Other reason: The company continues to violate information disclosure regulations after HNX put its shares under alert; its accumulated loss exceeded its charter capital in Review Financial Statement 2024; profit after tax in 2022 and 2023 were negative.
- Applicable regulation: Points b, c, d,and k Clause 1 Article 38 of the Regulation on securities listing and trading attached to Decision No. 17/QD-HDTV dated 31/3/2022 of the Board of members of the Vietnam Stock Exchange.
The Company must periodically report, explain and disclose the remedial route for the situation of shares being under supervision on the mass media within 15 days since the effective date.
This decision replaces Decision No.67/QD-SGDHN dated 11/02/2025
 
 
Notice of stock status
On 20/02/2025, HNX announces the status of shares of VNECO8 Electricity Construction Joint Stock Corporation (stock code: VE8) as follows:
- VE8 shares are put under alert following the Decision No.66/QD-SGDHN dated 11/02/2025 due to the reason that the undistributed profit after tax as of 31/12/2023 was negative; that the audit organization gave a qualified opinion on Audited Financial Statement 2023
- VE8 shares are under supervision following the Decision No.85/QD-SGDHN dated 20/02/2025 due to the reason that its owner equity was negative in Financial Statement Q4/2024
- Other reason: The company continues to violate information disclosure regulations after HNX put its shares under alert; its accumulated loss exceeded its charter capital in Review Financial Statement 2024; profit after tax in 2022 and 2023 were negative.