On July 07, 2023, Hanoi Stock Exchange announces Decision No. 697/QD-SGDHN on putting GTT shares of Thuan Thao Corporation on continued trading restriction as follows:
- Reason for continued trading restriction: The Company failed to convene the Annual General Meeting for the two latest consecutive years from the end of the fiscal year under Section 2 Article 139 of the Law on Enterprises
- Other reason: The owner's equity was negative in the Reviewed Semi-annual FS 2020 and the Company was late in submitting the Reviewed Semi-annual Financial Statements 2021 and 2022 and Audited Financial Statements 2020, 2021 and 2022 over 45 days from the deadline of information disclosure
- Form of trading restriction: Trading is only available every Friday
- Applicable law(s): Points a, b and h Section 1 Article 34 of the Regulations attached to Decision No. 34/QD-HDTV dated November 16, 2022 by the Board of Members of the Vietnam Stock Exchange
Within 15 days from the date the stock is put under continued trading restriction, Thuan Thao Corporation shall report to the HNX to explain the cause and provide remedial measures
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