On May 22, 2023, HNX announces the status of Pacific Infrastructure Project Development & Investment Corporation’s shares (stock code: PPI) as follows:
- PPI shares are under continued trading restriction due to the reasons that : the company has negative owner’s equity recorded in Audited Financial Statement of 2020; the company is late to submit the reviewed semi-annual financial statements of 2021 and 2022, audited financial statements of 2021 more than 45 days from the end of the time limit for information disclosure; the company has not organized Annual General Meeting of Shareholders for the recent 02 consecutive fiscal years from the end of the time limit as prescribed at points a, b and h Section 1, Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated 16/11/2022 of the Vietnam Stock Exchange.