MIM: Decision on continued trading restriction on UPCoM and Notice on stock status

Decision on continued trading restriction on UPCoM
 
Following Decision No. 809/QD-SGDHN dated July 10, 2025, HNX announces the continued trading restriction of MIM stock as follows:
- Base of review: the organization of the Annual General Meeting of Shareholders 2025;
- Reason for continued trading restriction: 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
- Other reason for other trading restriction: the company was late in submitting Audited financial statement 2023 for over 45 days; the auditor gave disclaimer opinion on the most recent Audited Financial statement;
- Trading restriction: be traded on Friday weekly when it is removed from trading suspension
- Applicable law(s): Points b, c, h Section 1 Article 33 of the Regulations attached to 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 restriction as prescribed in Article 1 of this Decision, Mineral And Mechanical Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.
This decision replaces Decision No.619/QD-SGDHN dated 23/05/2025 on continued trading restriction and Decision No.728/QD-SGDHN dated 09/07/2024 on putting the stock on alert.


Notice of stock status
On July 10, 2025, HNX announces the status of Mineral And Mechanical Joint Stock Company’s shares (stock code: MIM) as follows:
- MIM shares are under trading restriction to Decision No.809/QD-SGDHN dated 10/07/2025 due to the reason(s) the company did not organize Annual General Meeting of Shareholders when the fiscal year ends according to Clause 2, Article 139 of the Enterprise Law; the company was late in submitting Audited financial statements 2023 and 2024 for over 45 days; it is mandatory delisted because the auditor gave a disclaimer opinion on financial statement 2023 as prescribed in Points b, c, h Section 1 Article 33 of the Regulations attached to Decision No.23/QD-HDTV dated April 18, 2025 of the Vietnam Stock Exchange. Trading restriction: be traded on Friday weekly when it is removed from trading suspension.
- MIM shares are put under trading suspension according to Decision No.63/QD-SGDHN dated 05/02/2024 because the company was mandatory delisted because it caused a serious violation of the information disclosure obligation accoriding to Point O Section 1 Article 120 of the Decree No.155/2020/ND-CP as prescribed in Point d Section 1 Article 36 of the Regulations attached to Decision No.34/QD-HDTV dated November 16, 2022 of the Vietnam Stock Exchange.