Decision on being continued trading restriction
Following Decision No. 855/QD-SGDHN dated July 10, 2025, HNX announces the continued trading restriction of Song Da 1.01 Joint Stock Company’s shares (stock code: SJC) as follows:
- 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;
- Other reason for trading restriction: the Company is compulsory delisted according to Point i, Clause 1, Article 120 of Decree No. 155/2020/ND-CP dated December 31, 2020 of the Government detailing the implementation of a number of articles of the Securities Law;
- Trading restriction: be traded on Friday weekly since being removed from trading suspension;
- Applicable law(s): Point e, h Clause 1 Article 33 of the Regulation attached to Decision No. 23/QD-HDTV dated April 18, 2025 of the Board of members 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, Song Da 1.01 Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.
This Decision replaces Decision No. 797/QD-SGDHN dated July 09, 2024
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Notice of stock status
On July 10, 2025, HNX announces the status of Song Da 1.01 Joint Stock Company’s shares (stock code: SJC) as follows:
- SJC shares are under continued trading restriction 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; the Company is compulsory delisted according to Point i, Clause 1, Article 120 of Decree No. 155/2020/ND-CP dated December 31, 2020 of the Government detailing the implementation of a number of articles of the Securities Law according to the provisions at Point e, h Clause 1 Article 33 of the Regulation attached to Decision No. 23/QD-HDTV dated April 18, 2025 of the Board of members of the Vietnam Stock Exchange. Trading restriction: be traded on Friday weekly since being removed from trading suspension;
- SJC shares are under trading suspension due to the Company has no remedy from being under trading restriction according to Point d, Clause 1, Article 46 of the Securities Law, the Company is under trading suspension according to Point e, Clause 1, Article 35 of the Regulations attached to Decision No.23/QD-HDTV dated April 18, 2025 of the Vietnam Stock Exchange.