HDO: Decision on continued trading restriction on UPCoM

Following Decision No. 465/QD-SGDHN dated May 22, 2023, HNX announces the continued trading restriction of HDO stock as follows:
- Ground for continued trading restriction: The audited Financial Statement 2022;
- Reason for continued trading restriction: the company is late in submitting audited financial statement 2022 for over 45 days
- Other reason for trading restriction: the company had negative owner equity in Audited Financial Statement 2019, the company is late in submitting Review financial statement 2020, 2021,2022 and audited financial statement 2020, 2021for over 45 days, the company did not organize Annual General Meeting of Shareholders in the most recent 02 fiscal years according to Clause 2, Article 139 of the Enterprise Law, the auditor gave disclaimer opinion on Financial statement 2019
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Points a, b, c, 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, HDO must send a document to the HNX to explain the cause and provide a remedy.