SHG: Decision on continued trading restriction & Notice of stock status

Decision on continued trading restriction
Following Decision No. 856/QD-SGDHN dated July 10, 2025, HNX announces the continued trading restriction of Songhong Joint Stock Corporation (SHG) stock as follows:
-  Base of review: Annual General Meeting of Shareholders 2025;
- Reason for trading restriction: The Company has not held the Annual General Meeting of Shareholders 2025 within the maximum time limit from the end of the fiscal year as prescribed in Clause 2, Article 139 of the Law on Enterprise;
- Other reasons: The Company recorded negative owner's equity in the audited Annual Financial Statements 2024; The auditor gave a disclaimer of opinion to the Financial Statements 2021 and qualified opinions at the auditing time; 
- Trading restriction: trading is only available every Friday;
- Applicable laws: Point a, c, h Section 1 and point c Section 5 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 the stock is under continued trading restriction as prescribed in Article 1 of this Decision, Songhong Joint Stock Corporation shall send a document to the HNX for explanation and remedial measures.
This Decision replaces Decision No. 691/QD-SGDHN dated June 04, 2025
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Notice of stock status
On July 10, 2025, HNX announces the stock status of Songhong Joint Stock Corporation (stock code: SHG) as follows:
- SHG shares are under trading restriction under Decision No. 856/QD-SGDHN dated July 10, 2025 due to the Company has not held the Annual General Meeting of Shareholders 2025 within the maximum time limit from the end of the fiscal year as prescribed in Clause 2, Article 139 of the Law on Enterprise; the Company recorded negative owner's equity in the audited Annual Financial Statements 2024; The auditor gave a disclaimer of opinion to the Financial Statements 2021 and qualified opinions at the auditing time according to Point a, c, h Section 1 and point c Section 5 Article 33 of the Regulation attached to Decision No. 23/QD-HDTV dated April 18, 2025 of the Board of members of the Vietnam Exchange;
- SHG shares are under trading alert following Decision No. 690/QD-SGDHN dated June 04, 2025 due to the audit organization has expressed the qualified opinion on the Annual Financial Statements of 3 consecutive years and more according to Point a, Clause 1 Article 32 of the Regulation attached to Decision No. 23/QD-HDTV dated April 18, 2025 of the Board of members of the Vietnam Exchange;