Decision on continued trading restriction UPCoM
Following Decision No. 859/QD-SGDHN dated July 10, 2025, HNX announced that the following stock remains under trading restriction as follow:
- Issuer: Song Da 8 JSC
- Stock code: SD8
- Base of review: Annual General Meeting of Shareholders 2025
- Reason for trading restriction: the Company has not organized Annual General Meeting of Shareholders for the recent 02 consecutive fiscal years in the time limit from the end of fiscal year as prescribed in Clause 2, Article 139 of the Law on Enterprises;
- Trading restriction: Trade is available only every Fridays from the date of being lifted out of trading suspension;
- Applicable regulation: Point h Section 1 Article 33 of the Regulation attached to Decision No. 23/QD-HDTV dated April 18, 2025 of the Vietnam Stock Exchange.
- Within 15 days from the date of this Decision as prescribed in Article 1 of this Decision, the Company shall send a document to the HNX to explain the cause and provide a remedy.
This Decision replaces Decision No. 772/QD-SGDHN dated July 09, 2024
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Notice of stock status
Following Notice No. 3113/TB-SGDHN dated July 10, 2025, HNX announces the status of Song Da 8 JSC’s shares (Upcom: SD8) as follows:
- SD8 shares are under continued trading restriction under Decision No. 859/QD-SGDHN dated July 10, 2025 due to the Company has not organized Annual General Meeting of Shareholders for the recent 02 consecutive fiscal years in the time limit from the end of fiscal year as prescribed in Clause 2, Article 139 of the Law on Enterprises according to the provisions of Point h Clause 1 Article 33 of the Regulation attached to Decision No. 23/QD-HDTV dated April 18, 2025 of the Vietnam Stock Exchange. Trading restriction period: Only allowed to trade every Friday from the date the stock is removed from the trading suspension;
- SD8 shares are under trading suspension under Decision No. 581/QD-SGDHN dated May 23, 2025 due to the Company has no measures to overcome the cause that led to the company's shares being placed in trading restriction according to the provisions of Point d, Clause 1, Article 46 of the Securities Law (continuing late in submitting the audited Financial Statements 2024 more than 45 days from the deadline for information disclosure as prescribed); being placed in trading suspension according to the provisions at Point e Clause 1 Article 35 of the Regulation attached to Decision No.23/QD-HDTV dated April 18, 2025 of the Vietnam Stock Exchange.