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SDA: Stock under alert

11/04/2023
On April 07, 2023, based on the Regulation on securities listing and trading attached to Decision No. 17/QD-HDTV dated 31/3/2022 of the Board of members of the Vietnam Stock Exchange, Hanoi Stock Exchange announces Decision No. 357/QD-SGDHN putting the following stock under Alert:
  • Issuer: SIMCO Song Da JSC
  • Securities type: common stock
  • Stock code: SDA
  • Effective date: 11/04/2023
  • Reason: the undistributed profit after tax as of 31/12/2022 of the Company is negative. The auditor has a disclaim opinion on Audited Financial Statements 2022 so the company has been put under alert according to Point b and c, Clause 1 Article 37 of the Regulation on securities listing and trading attached to Decision No. 17/QD-HDTV dated 31/3/2022 of the Board of members of the Vietnam Stock Exchange.
  • Within 15 days from the effective date of this Decision, SIMCO Song Da JSC must send the solution and remedial route for the situation of shares being under alert to the Hanoi Stock Exchange and disclosure in the mass media. SIMCO Song Da JSC must periodically report and explain the remedial route for the situation of shares being under alert.
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