PLO: Decision on continued trading restriction on UPCoM

Following Decision No. 591/QD-SGDHN dated June 06, 2023, HNX announces the continued trading restriction of PLO stock as follows:
- Reason for trading restriction: The company has negative owner’s equity recorded in Audited Financial Statement of 2022;
- Ground for continued trading restriction: Audited Financial Statement of 2022;
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Point a 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 this Decision, Petec Logistics Joint Stock Company must send a document to the HNX to explain the cause and provide a remedy.