S12: ​Decision on continued trading restriction on UPCoM & Notice of stock status

Decision on continued trading restriction on UPCoM
Following Decision No. 453/QD-SGDHN dated April 18, 2025, HNX announces the continued trading restriction of S12 stock as follows:
- Ground for continued trading restriction: Audited Financial Statement of 2024;
- Reason for trading restriction: the Company has negative owner’s equity recorded in the Audited Financial Statements 2024; the auditing firm issued a disclaimer of opinion on the Financial Statements 2023 but expressed a qualified opinion on the Financial Statements 2024
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Point a, c, Clause 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 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, Song Da No 12 Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.
This Decision replaces Decision No. 486/ QD-SGDHN dated May 17, 2024
======================================================================================================
Notice of stock status
On April 18, 2025, HNX announces the status of Song Da No 12 Joint Stock Company’s shares (stock code: S12) as follows:
- S12 shares are under continued trading restriction due to the Company has negative owner’s equity recorded in the Audited Financial Statements 2023 and the auditing firm issued a disclaimer of opinion on the Financial Statements 2023 but expressed a qualified opinion on the Financial Statements 2024 according to the provisions at Point a, c, Clause 1 Article 34 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.