PSG: Decision on continued trading restriction on UPCoM

Following Decision No. 522/QD-SGDHN dated May 22, 2023, HNX announces the continued trading restriction of PSG stock as follows:
- Reason for trading restriction: The company is late to submit the audited financial statements of 2022 more than 45 days from the end of the time limit for information disclosure
- Other reason for trading restriction: The auditing organization gave disclaimer opinion on Financial Statements 2020; 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 in the time limit from the end of the fiscal year
- Ground for continued trading restriction: Audited Financial Statement of 2022;
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Points a, b, c 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.
Within 15 days from the date the stock is under continued trading restriction as prescribed in Article 1 of this Decision, Saigon Petroleum Construction and Investment JSC must send a document to the HNX to explain the cause and provide a remedy.