On May 22, 2023, HNX announces the status of Cotec Invesment & Land-House Development JSC's shares (stock code: CLG) as follows:
- CLG shares are under continued trading restriction due to the reasons that: the company is late to submit the reviewed semi-annual financial statements of 2021 and 2022, audited financial statements of 2021 and 2022 more than 45 days from the end of the time limit for information disclosure; the auditing organization gave disclaimer opinion on Financial Statements 2020; the company has negative owner’s equity recorded in Audited Financial Statement of 2020 as prescribed at points a, b, c Section 1, Article 34 of the Regulations attached to Decision No.34/QD-HDTV dated 16/11/2022 of the Vietnam Stock Exchange.
- CLG shares are put on alert according to Decision No. 36/QD-SGDHN dated 13/02/2023 due to the reason that the company has not organized Annual General Meeting of Shareholders 2022 in the time limit from the end of the fiscal year.