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ASA: ​​Decision on continued trading restriction on UPCoM

11/07/2023
Following Decision No. 679/QD-SGDHN dated 07/07/2023, HNX announces the continued trading restriction of ASA stock as follows:
- Reason for trading restriction: the Company failed to convene the Annual General Meeting for the latest two consecutive years from the end of the fiscal year under Section 2 Article 139 of the Law on Enterprises;
- Other reason for trading restriction:the Company was late in submitting the audited Financial Statements for more than 45 days according to the provisions
- Trading restriction: be traded on Friday weekly;
- Applicable law(s): Point b, 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 this Decision, ASA Joint Stock Companymust send a document to the HNX to explain the cause and provide a remedy.
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