SHG: Decision on continued trading restriction on UPCoM

Following Decision No. 200/QD-SGDHN dated March 29, 2023, HNX announces the continued trading restriction of SHG stock as follows:
- Reason for trading restriction: the Company had negative owner equity according to audited Financial Statements 2022;
- Other reason for trading restriction: The auditor issued a disclaimer of opinion on Financial Statements 2021; the Company did not hold Annual General Meeting of Shareholders in recent 02 years (2021, 2022);
- Ground for continued trading restriction: The audited Financial Statements 2022;
- Trading restriction: be traded on Friday weekly;
- Applicable laws: Point a, c, h Section 1 Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated November 16, 2022 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 Corporation must send a document to the HNX to explain the cause and provide a remedy.