Decision on continued trading restriction on UPCoM
Following Decision No. 372/QD-SGDHN dated April 04, 2025, HNX announces the continued trading restriction of DCS stock as follows:
- Base for consideration: Audited Annual Financial Statement 2024;
- Reason(s):
+ The auditing organization gave disclaimer opinion on Financial Statements 2024;
+ The company stops its main production and business activities for 01 year or more.
- Another reason:
+ the Company has not convened the Annual General Meeting of Shareholders for the recent 02 consecutive fiscal years in the time limit from the end of fiscal year according to the provisions of Clause 2, Article 139 of the Law on Enterprises;
+ the company is late in submitting the Reviewed Semi-annual Financial Statement of 2024 more than 45 days from the end of the time limit for information disclosure;
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Points b, c, d and h Section 1 Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated 16/11/2022 of the Vietnam Exchange.
Within 15 days from the date the stock is under continued trading restriction, Dai Chau Group Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.
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Notice of stock status
On April 04, 2025, HNX announces the status of Dai Chau Group Joint Stock Company’s shares (stock code: DCS) as follows:
- DCS shares are under trading restriction according to Decision No. 372/QD-SGDHN dated April 04, 2025 due to the reasons that the auditing organization gave disclaimer opinion on Financial Statements 2024; the company stops its main production and business activities for 01 year or more; the Company has not convened the Annual General Meeting of Shareholders for the recent 02 consecutive fiscal years in the time limit from the end of fiscal year according to the provisions of Clause 2, Article 139 of the Law on Enterprises; the company is late in submitting reviewed Semi-annual Financial Statement 2024 more than 45 days from the end of the time limit for information disclosure as prescribed at points b, c, d and h Section 1, Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated 16/11/2022 of the Vietnam Exchange.
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