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PEN: Decision on stock under continued alert and supervision and Notice on stock status

31/03/2025
Decision on stock under continued alert
Following Decision No. 218/QD-SGDHN dated 28/03/2025, HNX announces the stock under continued alert as follows:
- Issuer: Petrolimex Installation No.III Joint Stock Company
- Securities type: Common stock
- Stock code: PEN
- Effective date: 03/04/2025
- Reason: Undistributed profit after tax as of December 31, 2024 was negative;
- Basis for review: The financial statements 2024 of PP Enterprise Investment Consultancy Joint Stock Company were audited by CPA Auditing Company Limited;
- Applicable regulations: Point b, Clause 1, Article 37 of the Regulations on Listing and Trading of Listed Securities issued together with Decision No. 17/QD-HDTV dated March 31, 2022 of the Board of Members of the Vietnam Stock Exchange.
- Within 15 days from the date of this Decision as prescribed in this Decision, the Company shall send a document to the HNX to explain the cause, provide a remedy and disclose information.
This Decision supersedes Decision No. 265/QD-SGDHN dated 03/04/2024 by the Hanoi Stock Exchange on the stock under continued alert.
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Stock under supervision
Pursuant to Decision No. 219/QD-SGDHN dated 28/03/2025, HNX announces the stock is under continued supervision as follows:
- Issuer: Petrolimex Installation No.III Joint Stock Company
- Securities type: common stock
- Stock code: PEN
- Effective date: 03/04/2025
- Reason: The auditor gave qualified opinions on the Audited Financial Statements 2023 and 2024 
- Applicable law(s): Point d Section 1 Article 38 of the Regulations attached to Decision No. 17/QD-HDTV dated 31/03/2022 by the Board of Members of the Vietnam Stock Exchange.
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Notice of stock status
On 28/03/2025, HNX announced the status of Petrolimex Installation No.III Joint Stock Company (stock code: PEN) as follows:
- PEN shares are under alert according to Decision No. 218/QD-SGDHN dated March 28, 2025 of Hanoi Stock Exchange due to undistributed profit after tax on December 31, 2024 on the Company's audited financial statements for 2024 being a negative number. 
- PEN shares are under supervision according to Decision No. 219/QD-SGDHN dated April 27, 2025 of Hanoi Stock Exchange because The auditor gave qualified opinions on the Audited Financial Statements 2023 and 2024.
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