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

Following Decision No. 605/QD-SGDHN dated May 23, 2025, HNX announces the following stock will be put under continued trading restriction as follow:
- Base for consideration: Audited Financial Statements 2024;
- Reason: the Company was late in submitting Audited Financial Statements 2024 for over 45 days from the end of the prescribed information disclosure period;
- Another reason: The UPCoM-traded stock is an involuntarily delisted company under Point b Section 1 Article 120 of Decree No. 155/2020/ND-CP dated December 31, 2020 by the Government detailing the implementation of a number of articles of the Law on Securities; the Company was late in submitting Audited Financial Statements 2024 for over 45 days from the end of the prescribed information disclosure period;
- Trading restriction: only traded on Friday weekly;
- Applicable laws: Points b, dd Section 1 Article 33 of the Regulation on registration and management of transactions of unlisted securities promulgated alongside Decision No. 23/QD-HDTV dated 18/4/2025 by the Vietnam Exchange.
Within 15 days from the date the stock is under continued trading restriction, Licogi 16.6 JSC shall send an official letter to the HNX to for explanation and remedial measures.
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On May 23, 2025, HNX announces the status of Licogi 16.6 JSC’s shares (stock code: LCS) as follows:
- LCS stock is put under trading restriction due to the reasons that the Company was late in submitting Audited Financial Statements 2023, 2024 for over 45 days from the end of the prescribed information disclosure period; the Company is the involuntarily delisted company under Point b Section 1 Article 20 of Decree No. 155/2020/ND-CP dated 31/12/2020 by the Government detailing the implementation of a number of articles of the Law on Securities, and classified as under trading restriction under Points b and dd Section 1 Article 33 of the Regulations attached to Decision No. 23/QD-HDTV dated 18/4/2025 by the Vietnam Exchange;
- LCS stock is under alert from 15/7/2024 according to Decision No. 740/QD-SGDHN dated July 09, 2024 due to the reason(s) that the company has not organized Annual General Meeting of Shareholders 2024 within the time limit from the end of the 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.