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

Decision on continued trading restriction on UPCoM

 
Following Decision No. 866/QD-SGDHN dated July 10, 2025, HNX announces the continued trading restriction of PSG 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 Review financial statements for 2021, 2022 and 2023, 2024 for over 45 days; it had negative owner equity in Audited Financial Statement 2020; the auditor gave a disclaimer opinion on in Financial Statement 2020
- Trading restriction: be traded on Friday weekly when it is removed from trading suspension
- Applicable law(s): Points a, 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, Saigon Petroleum Construction and Investment JSC must send a document to the HNX to explain the cause and provide a remedy.
This decision replaces Decision No.1135/QD-SGDHN dated October 21, 2024.

Notice of stock status
On July 10, 2025, HNX announces the status of Saigon Petroleum Construction and Investment JSC’s shares (stock code: PSG) as follows:
- PSG shares are put under trading restriction according to Decision No.866/QD-SGDHN dated 10/07/2025 due to the reason(s) 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; the company was late in submitting Review financial statements for 2021, 2022 and 2023, 2024 for over 45 days; it had negative owner equity in Audited Financial Statement 2020; the auditor gave a disclaimer opinion on in Financial Statement 2020 as prescribed at Points a, 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.
- PSG shares are put under trading suspension according to Decision No.579/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 d Section 1 Article 46 of the Securities Law; as prescribed at 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