Decision on continued trading suspension on UPCoM
Following Decision No. 591/QD-SGDHN dated May 23, 2025, HNX announces the continued trading suspension of DPS stock as follows:
- Base for consideration: the company continued being late in submitting the Audited Annual Financial Statement of 2024 more than 45 days from the end of the time limit for information disclosure;
- Reason(s): The Company has no measures to remedy the cause leading to the stock being put on trading restriction as prescribed in Point d, Clause 1, Article 46 of the Law on Securities;
- Applicable law(s): Point e Section 1 Article 35 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 continued trading suspension, Soc Son Development Investment 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 Soc Son Development Investment Joint Stock Company’s shares (stock code: DPS) as follows:
- DPS shares are under trading suspension according to Decision No. 591/QD-SGDHN dated 23/5/2025 due to the reasons that the Company has no measures to overcome the causes leading to trading restriction (continues being late in submitting the Audited Annual Financial Statement 2024 more than 45 days from the end of the time limit for information disclosure) according to Point d, Clause 1, Article 46 of the Securities Law as prescribed at Point e Section 1 Article 35 of the Regulations attached to Decision No. 23/QD-HDTV dated 18/4/2025 of the Vietnam Exchange;
- DPS shares are under continued trading restriction according to Decision No. 1046/QD-SGDHN dated October 04, 2024 due to the reasons that according to point 2 Article 139 Enterprise Law, the company has not organized Annual General Meeting of Shareholders for the recent 02 consecutive fiscal years within the maximum period from the end of the fiscal year; the company is late to submit Reviewed Semi-annual Financial Statements 2024 more than 45 days from the end of the time limit for information disclosure; the company was forced to delist according to point i Section 1, Article 120 of Decree No. 155/2020/ND-CP dated 31/12/2020 of the Government as prescribed at points b, e and h Section 1, Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated 16/11/2022 of the Vietnam Exchange; trading restriction: be traded on Friday weekly from the day the shares are put out of trading suspension.