Pursuant to Decision No. 816/QD-SGDHN dated 10/7/2025, HNX announces the continued trading restriction of IBC stock as follows:
- Base of review: Annual General Meeting of Shareholders 2025;
- Reason: The Company has not held the Annual General Meeting of Shareholders in the last 2 fiscal years within the maximum period from the end of the fiscal year as prescribed in Clause 2, Article 139 of the Law on Enterprises;
- Another reason: the Company is late in submitting the audited financial statements 2023, 2024 and reviewed semi-annual financial statement 2024 more than 45 days from the deadline for information disclosure as prescribed;
- Trading restriction: be traded on Friday weekly from the day the shares are put out of trading suspension;
- Applicable law(s): Points b, 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 18/4/2025 by the Vietnam Exchange.
Within 15 days from the date the stock is under continued trading restriction as prescribed in this Decision, Apax Holdings Joint Stock Company shall send a document to the HNX to explain the cause and provide a remedy. This Decision supersedes Decision No. 626/QD-SGDHN dated 23/05/2025.
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Notice of stock status
On 10/7/2025, HNX announces the status of shares of Apax Holdings Joint Stock Company (IBC) as follows:
- IBC shares are put under trading restriction following the Decision No. 816/QD-SGDHN dated 10/7/2025 due to the reasons that the Company has not held the Annual General Meeting of Shareholders in the last 2 fiscal years within the maximum period from the end of the fiscal year as prescribed in Clause 2, Article 139 of the Law on Enterprises; the Company is late in submitting the audited financial statements 2023, 2024 and reviewed semi-annual financial statement 2024 more than 45 days from the deadline for information disclosure as prescribed at Points b, h Clause 1 Article 33 of the Regulations on registration and management of unlisted securities transactions attached to Decision No. 23/QD-HDTV dated 18/04/2025 by Vietnam Exchange;
- IBC shares remains under trading suspension following the Decision No. 1293/QD-SGDHN dated 08/12/2023 due to the reason that The Apax Holdings Joint Stock Company is a company that is subject to compulsory delisting due to serious violations of information disclosure obligations at Point d Clause 1 Article 36 of the Regulations on registration and management of unlisted securities transactions attached to Decision No.34/QD-HDTV dated 16/11/2022 by Vietnam Stock Exchange.