Stock News

G20: Decision on continued trading restriction on UPCoM and Notice on stock status

06/10/2025
Decision on continued trading restriction on UPCoM
Following Decision No. 1191/QD-SGDHN dated October 03, 2025, HNX announces the continued trading restriction of G20 stock as follows:
- Base for consideration: Reviewed Semi-annual Financial Statement 2025;
- Reason: the Company is late in submitting the Reviewed Semi-annual Financial Statement 2025 for more than 45 days from the deadline of information disclosure;
- Another reason/Other reasons: the Company is late in submitting the Audited Annual Financial Statement 2024 and Reviewed Semi-annual Financial Statement 2024 for more than 45 days from the deadline of information disclosure; the company had negative owner equity in the Audited Financial Statement 2023; the auditor gave their disclaimer opinion on the Financial Statement 2023;
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Points b, a, c Section 1 Article 33 of the Regulations on registration and management of transactions of unlisted securities promulgated together with Decision No. 23/QD-HDTV dated 18/4/2025 by the Vietnam Exchange.
Within 15 days from the date the stock is under continued trading restriction, the company must send a document to the HNX to explain the cause and provide a remedy.
This Decision supersedes Decision No. 621/QD-SGDHN dated 23/5/2025.
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Notice on stock status
On October 03, 2025, HNX announces the status of Vinh Phuc Textile Investment Joint Stock Company’s shares (stock code: G20) as follows:
- G20 shares are under continued trading restriction according to Decision No. 1191/QD-SGDHN dated October 03, 2025 due to the reasons that the Company is late in submitting the Audited Annual Financial Statement 2024 and the Reviewed Semi-annual Financial Statement 2024, 2025 for more than 45 days from the deadline of information disclosure; the company had negative owner equity in the Audited Financial Statement 2023; the auditor gave their disclaimer opinion on the Financial Statement 2023 according to points b, a, c Clause 1 Article 33 of the Regulations on registration and management of transactions of unlisted securities promulgated together with Decision No. 23/QD-HDTV dated 18/4/2025 by the Vietnam Exchange.
- G20 shares are on alert according to Decision No. 892/QD-SGDHN dated July 10, 2025 due to the reasons that 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 Enterprises according to Point b, 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.
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