Decision on continued trading restriction on UPCoM
Following Decision No. 803/QD-SGDHN dated July 10, 2025, HNX announces the continued trading restriction of POM 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
- Reason for other trading restriction: The company belongs to the cases of mandatory delisting according to Point I Section 1 Artcile 120 of Decree No.155/2020/ND-CP dated 31/12/2020 of the Government; the company was late in submitting Review financial statement 2024 for over 45 days.
- Trading restriction: be traded on Friday weekly
- Applicable law(s): Points b, e, h Section 1 Article 33 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 restriction as prescribed in Article 1 of this Decision, Pomina Steel Corporation must send a document to the HNX to explain the cause and provide a remedy.
This decision replaces Decision No.612/QD-SGDHN dated 23/05/2025 on continued trading restriction and Decision No.736/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 Pomina Steel Corporation’s shares (stock code: POM) as follows:
- POM shares are put under trading restriction according to Decision No.803/QD-SGDHN dated 10/07/2025 due to the reason(s) the company was late in submitting Audited Financial Statement 2024 and Review financial statement 2024 for over 45 days; it belongs to the cases of mandatory delisting according to Point I Section 1 Article 120 of Decree No.155/2020/ND-CP dated 31/12/2020 of the Government as prescribed at Points b, e, h Section 1 Article 33 of the Regulations attached to Decision No.23/QD-HDTV dated April 18, 2025 of the Vietnam Stock Exchange.