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BII: ​Decision on continued trading restriction and Notice on stock status

26/05/2025
Decision on continued trading restriction
Pursuant to Decision No. 618/QD-SGDHN dated 23/05/2025, HNX announces the continued trading restriction of BII stock as follows:
-   Base of review: Audited financial statements 2024
- Reason for trading restriction: the Company was late in submitting the audited Financial Statement 2024 for more than 45 days;
- Other reason for trading restriction: The company was late in submitting Audited financial statements 2023 and Audited semi-annual financial statements 2024 for over 45 days; The company did not organize Annual General Meeting of Shareholders in the most recent 02 fiscal years according to Clause 2, Article 139 of the Enterprise Law; The Company is forced into mandatory delisting out of the auditor gave disclaimer opinion on Financial Statement 2022 as prescribed in Point b, c, h Section 1 Article 33 of the Regulations on registration and management of transactions of unlisted securities promulgated together with Decision No. 23/QD-HDTV dated 18/04/2025 by the Vietnam Exchange; 
- Trading restriction: trading is available every Fridays only;
- Applicable law(s): Point b, c, h Section 1 Article 33 of the Regulation attached to Decision No. 23/QD-HDTV dated 18/04/2025 by the Board of Members 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, the company shall send a document to the HNX to explain the cause and provide a remedy.
This Decision supersedes Decision No. 1128/QD-SGDHN dated 21/10/2024.
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Notice of stock status
On 23/05/2025, HNX announces the status of shares of Bao Thu Industrial Development and Investment JSC (BII) as follows:
- BII shares are put under trading restriction following the Decision No. 618/QD-SGDHN dated 23/05/2025 due to the reasons The company was late in submitting Audited financial statements 2023, 2024 and Audited semi-annual financial statements 2024 for over 45 days; The company did not organize Annual General Meeting of Shareholders in the most recent 02 fiscal years according to Clause 2, Article 139 of the Enterprise Law; The Company is forced into mandatory delisting out of the auditor gave disclaimer opinion on Financial Statement 2022 as prescribed in Point b, c, h Section 1 Article 33 of the Regulations on registration and management of transactions of unlisted securities promulgated together with Decision No. 23/QD-HDTV dated 18/04/2025 by the Vietnam Exchange.
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