Decision on continued trading suspension on UPCoM
Following Decision No. 600/QD-SGDHN dated May 23, 2025, HNX announces the continued trading suspension of NTB stock as follows:
- Base of review: the company was late in submitting Audited Financial Statement 2024 for over 45 days.
- Reason for continued trading suspension: the company did not have any remedy to overcome the reason leading to the trading restriction according to Point d Section 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 April 18, 2025 of the Vietnam Stock Exchange.
Within 15 days from the date the stock is under continued trading suspension as prescribed in Article 1 of this Decision, Transport Engineering Construction and Business Investment Stock Company must send a document to the HNX to explain the cause and provide a remedy.
This decision replaces Decision No.591/QD-SGDHN dated May 23, 2024.
Notice of stock status
On May 23, 2025, HNX announces the status of Transport Engineering Construction and Business Investment Stock Company 584’s shares (stock code: NTB) as follows:
- It was put under trading restriction according to Decision No.1058/QD-SGDHN dated 04/10/2024 due to the reason(s) 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 Review financial statement 2024 for over 45 days; it had negative owner equity in Review Financial Statement 2016 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 by the Vietnam Stock Exchange. Trading restriction: it is only traded every Friday when it is removed from trading suspension;
- NTB shares are under trading suspension according to Decision No.600/QD-SGDHN dated May 23, 2025 because the Company did not have any remedy to overcome the reason for trading restriction according to Point d Section 1 Article 46 of the Law on Securities; it belongs to the case of trading suspension as prescribed in Point e Section 1 Article 36 of the Regulations attached to Decision No.23/QD-HDTV dated April 18, 2025 of the Vietnam Stock Exchange
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