PFL: Decision on being put on alert

On March 16, 2023, Hanoi Stock Exchange announces Decision No. 141/QD-SGDHN putting the following stock on alert:
·         Issuer: Petroleum Dong Do JSC
·         Securities type: common stock
·         Stock code: PFL
·         Base of review: Audited Financial Statement 2022
·         Effective date: 20/03/2023
·      Reason: The audit organization have expressed a qualified opinion on the Annual Financial Statements for 03 consecutive years or more
·         Applicable law(s): Point a, Clause 1 Article 33 of the Regulation attached to Decision No. 34/QD-HDTV dated 16/11/2022 of the Board of members of the Vietnam Stock Exchange
Within 15 days from the date the stock is put on alert as prescribed in Article 1 of this Decision, Petroleum Dong Do JSC must send a document to the HNX to explain the cause and provide a remedy.