PXM: Decision on continued trading restriction and Notice on stock status

Decision on continued trading restriction
Pursuant to Decision No.228/QD-SGDHN dated 31/03/2025, HNX announces the continued trading restriction of PXM stock as follows:
-   Base of review: Audited Financial Statement 2024
- Reason for trading restriction: the Company  had negative owner equity in Audited Financial Statement 2024; the audit company gave an adverse opinion on Financial Statement 2024
- Trading restriction: trading is available every Fridays only;
- Applicable law(s): Point(s) a, c Section 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated 16/11/2022 by the Board of Members 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, Mien Trung Petroleum Construction JSC shall send a document to the HNX to explain the cause and provide a remedy.
This Decision supersedes Decision No.887/QD-SGDHN dated 15/08/2024
 
 
NOTICE OF STOCK STATUS

On March 31, 2025, HNX announces the status of shares of Mien Trung Petroleum Construction JSC (stock code: PXM) as follows:
- PXM shares remains on trading restriction following the Decision No.228/QD-SGDHN dated March 31, 2025 due to the reason that the Company  had negative owner equity in Audited Financial Statement 2024; the audit company an adverse opinion on Financial Statement 2024 as prescribed in Points a, c Section 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Exchange.