DZM: Decision on being under continued trading restriction on UPCoM and Notice on stock status

Decision on being under continued trading restriction on UPCoM
Following Decision No. 608/QD-SGDHN dated May 23, 2025 superseding Decision No. 537/QD-SGDHN dated May 23, 2024, HNX announces the continued trading restriction of DZM stock as follows:
- Base for consideration: Audited Annual Financial Statement 2024;
- Reason: the Company was late in submitting the Audited Annual Financial Statement 2024 for more than 45 days from the end of the time limit for information disclosure;
- Trading restriction: be traded on Friday weekly from the day the shares are put out of trading suspension;
- Applicable law(s): Point b Section 1 Article 33 of the Regulations attached to Decision No. 23/QD-HDTV dated 18/4/2025 of the Vietnam Exchange.
Within 15 days from the date the stock is under trading restriction, Dzi An Mechanoelectric 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 May 23, 2025, HNX announces the status of Dzi An Mechanoelectric Joint Stock Company’s shares (stock code: DZM) as follows:
- DZM stock is under trading restriction according to Decision No. 608/QD-SGDHN dated May 23, 2025 due to the reason that the company is late in submitting the audited Financial Statement 2024 for more than 45 days from the deadline of information disclosure under point b Section 1 Article 33 of the Regulations attached to Decision No. 23/QD-HDTV dated 18/4/2025 of the Vietnam Exchange; trading restriction: the stock is allowed to be traded only on Friday weekly from the day it is put out of trading suspension;
- DZM stock is under alert from 15/7/2024 according to Decision No. 744/QD-SGDHN dated July 09, 2024 due to the reason that 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 so it belonged to the cases under Point b Clause 1 Article 33 of the Regulation attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Exchange;
- DZM stock is under trading suspension according to Decision No. 61/QD-SGDHN dated February 05, 2024 as the Company was forced into delisting because of serious violations on information disclosure under Point d Section 1 Article 36 of the Regulations attached to Decision No. 34/QD-HDTV dated November 16, 2022 by the Vietnam Exchange.