GTT: Decision on continued trading suspension on UPCoM and Notice of stock status

Decision on continued trading suspension on UPCoM
Following Decision No. 597/QD-SGDHN dated May 23, 2025, HNX announces the continued trading suspension of GTT stock as follows:
- Base for consideration: the Company continues being late in submitting the audited Financial Statement 2024 for more than 45 days from the deadline of information disclosure;
- Reason: The Company has no measures to overcome the causes leading to trading restriction as prescribed in Point d, Clause 1, Article 46 of the Securities Law;
- Applicable law(s): Point e Section 1 Article 35 of the Regulations attached to Decision No. 23/QD-HDTV dated 18/5/2025 of the Vietnam Exchange.
Within 15 days from the date the stock is under continued trading suspension, Thuan Thao Corporation 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 Thuan Thao Corporation’s shares (stock code: GTT) as follows:
- GTT shares are under trading suspension according to No. 597/QD-SGDHN dated May 23, 2025 because the Company does not have any remedy to overcome the reason for trading restriction (continues being late in the audited Financial Statement 2024 for more than 45 days from the deadline of information disclosure) according to Point d Section 1 Article 46 of the Law on Securities; thus categorized as trading suspension as prescribed in Point e Section 1 Article 35 of the Regulations attached to Decision No. 23/QD-HDTV dated 18/5/2025 by the Vietnam Exchange;
- GTT shares are put under trading restriction according to Decision No. 1049/QD-SGDHN dated October 04, 2024 because the company did not organize Annual General Meeting of Shareholders in the most recent 02 fiscal years according to Section 2 Article 139 of the Enterprise Law; the company was late in submitting Reviewed Semi-annual Financial Statements 2021, 2022, 2023 and 2024 for over 45 days from the end of the prescribed information disclosure period; the company had negative owner equity in Reviewed Semi-annual Financial Statement 2020, it belongs to the case of trading restriction as prescribed in Points a, b, h Section 1 Article 34 of the Regulations attached to Decision No. 34/QD-HDTV dated November 16, 2022 of the Vietnam Exchange. Trading restriction: it is only traded every Friday when it is removed from trading suspension.