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

Following Decision No. 403/QD-SGDHN dated April 08, 2025, HNX announces the continued trading restriction of GLC stock as follows:
- Ground for trading restriction: Audited Annual Financial Statement of 2024;
- Reason: The company has negative owner’s equity recorded in Audited Annual Financial Statement 2024; the auditing organization gave disclaimer of opinion on Annual Financial Statement 2024;
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Point(s) a and c 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 trading restriction, Lao Cai Gold Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.
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On April 08, 2025, HNX announces the status of Lao Cai Gold Joint Stock Company’s shares (stock code: GLC) as follows:
- GLC share are under trading restriction due to the reason(s) that the company has negative owner’s equity recorded in Audited Annual Financial Statement 2024; the auditing organization gave disclaimer of opinion on Annual Financial Statement 2024 as prescribed at point(s) a and c Section 1 Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated 16/11/2022 of the Vietnam Exchange.