Following Decision No. 811/QD-SGDHN dated July 10, 2025, HNX announces the following stock will be put under continued trading restriction as follow:
- Base for consideration: Annual General Meeting of Shareholders 2025;
- Reason: The registered trading organization 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 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 h, 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 July 10, 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 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 was late in submitting Audited Financial Statements 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 h, 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.