PID: Decision on continued trading suspension on UPCoM and Notice on stock status

Decision on continued trading suspension on UPCoM
 
Following Decision No. 586/QD-SGDHN dated May 23 2025, HNX announces the continued trading suspension of PID 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, Petroleum Interior Decoration Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.
This decision replaces Decision No.586/QD-SGDHN dated May 23, 2024.


Notice of stock status

On May 23, 2025, HNX announces the status of Petroleum Interior Decoration Joint Stock Company’s shares (stock code: PID) as follows:
- PID shares are put under continued trading restriction according to Decision No.762/QD-SGDHN dated 09/07/2024 due to the reason(s) that 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. : it had negative owner equity in Audited Financial Statement 2018; the auditor gave a disclaimer opinion on Financial Statement 2018 as prescribed at Points a, c, h Section 1 Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange. Trading restriction: be traded on Friday weekly when it is removed from trading suspension.
- PID shares are put under trading suspension according to Decision No.586/QD-SGDHN dated 23/05/2025 due to the reason(s) that the company did not have any remedy to overcome the reason leading to the trading restriction according to 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.